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THE PHARMA REVIEW (JULY - AUGUST 2010)

Counterfeiting of Pharmaceuticals: Scourge of Modern Health Care and Economy

Anantha Naik Nagappa

Abstract
The blockbusters, popular brands and expensive prescription medicines are likely to be imitated for the sole reasons for earning a quick buck by unscrupulous traders and antisocial elements. With counterfeiters also using state of art of counterfeiting methods and technology, it is very difficult to identify counterfeits from the genuine product. Due to lapse in regulation and surveillances, counterfeited pharmaceuticals of Indian origin are not only sold in India but also in the international markets. Counterfeit pharmaceuticals not only damage the economy of the country but also cause irrevocable damage to the image of the country. The menace of counterfeited pharmaceuticals is growing at an alarming rate and are pushed through distribution channels to retail chemists in the market. There is need to redefine counterfeit medicines and sanction strict punishments to individuals and firms who are caught in the act of counterfeiting pharmaceuticals. Counterfeited pharmaceuticals of Indian origin appearing in the export market is a national shame and is a major lapse in the governance of pharmaceutical industry. Pharmaceuticals are considered to be divine resources that are meant to cure diseases and save human lives and reduce the suffering of ailing patients.

 

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