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Counterfeit Medicines: Strategies To Deal With a Commercial Crime

NCJ Number
174870
Journal
Journal of Financial Crime Volume: 5 Issue: 1 Dated: August 1997 Pages: 7-11
Author(s)
D C Jayasuriya
Date Published
1997
Length
5 pages
Annotation
This article considers strategies to deal with the trade in counterfeit medicinal products.
Abstract
A counterfeit medicinal product is one that is "deliberately and fraudulently mislabeled with respect to identity and/or source." Not all counterfeit medicinal products are toxic; many simply do not have the desired therapeutic effects. Factors that facilitate the manufacture, import, export, distribution, and use of counterfeit medicines include weak enforcement of drug regulatory measures; scarcity or erratic supply of basic medicines; relatively unregulated markets and distribution chains; price differentials; lack of effective intellectual property protection; and lack of regard for quality assurance. A comprehensive policy to deal with the trade in counterfeit medicinal products must at least include legislative framework; product registration system; licensing of pharmaceuticals manufacturers, importers, exporters and distributors; rational drug use and supply; and information sharing and public awareness. References