Counterfeit Drugs
Pharmaceutical products are not exempt from the practice of
counterfeiting or piracy. In recent years, many studies have
demonstrated the presence of huge quantities of counterfeit medicines on
the worldwide markets. Several studies have demonstrated that they are
often of very poor quality, they put the actual consumer at risk or
both.
It is estimated that 5% to 8% of all world trade in branded
goods are counterfeit, leading to huge financial losses in the
pharmaceutical industry. But much more important, from a public health
point of view, is that history has shown that such products may lead to
a enormous health risks. The essence of counterfeit
pharmaceutical products and the reason they are so dangerous is the
complete absence of quality control, incorrect chemistry or toxins
contained in the drug, since they are often indistinguishable from the
genuine product. The existence of counterfeit drugs has long been
ignored both by the pharmaceutical industry and by drug regulatory
authorities. while some initiatives are being taken, nationally and
internationally, to curb counterfeiting, Americas Watchdog
has initiated a Global Piracy & Counterfeiting initiative . Americas
Watchdog & its Global Piracy & Counterfeiting Consultants is all about
consumer protection and corporate fair play. In
our counterfeit pharmaceutical campaign we will marry our unique
investigative skills with the actual pharmaceutical companies to insure
that citizen worldwide are not put at risk by any drug not made by the
actual manufacturer.