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THE PHARMA REVIEW JUNE - JULY 2007

The Problem of Counterfeit Drugs

Rinky Karmakar

Abstract: The Indian economy has undergone a number changes in the last decade due to liberalization and globalization. Apart from the positive effects of increased goods and services available to consumers, the negative effects of counterfeiting, adulteration and manufacture of spurious goods has become an increasingly dangerous menace to consumer choice, health and the economy. Though this problem has always existed, now more than ever, counterfeit and spurious products have invaded every aspect of our lives. From products such as radios, geysers, computer softwares & phones to food items, beverages, cosmetics and medicines, all have been illegally duplicated, copied and counterfeited.

 
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