We’ve written posts about counterfeit medication, such as what the supply chain is, the dangers of fake medicines, and how pharmaceutical companies are taking steps to combat it. Today we’ll be talking about how fake drugs enter the market. Before getting to the first part of the medicine supply chain, however, we have to acknowledge …
Counterfeit products are infiltrating our market in frankly terrifying numbers. It is estimated that the global counterfeit industry is worth about half a trillion dollars per year and growing by the day. Regular readers know that counterfeit products come in all varieties, but those who haven’t been following the issue might think counterfeit products are …
Counterfeit products are infiltrating our market in frankly terrifying numbers. It is estimated that the global counterfeit industry is worth about half a trillion dollars per year and growing by the day. Regular readers know that counterfeit products come in all varieties, but those who haven’t been following the issue might think counterfeit products are …
The Most Counterfeited Items in the United States Read More »
This year marks 10 years of INTERPOL bringing the world together to combat illegal pharmacies online selling counterfeit drugs to unsuspecting consumers. Though counterfeit medications have been a problem for a long time, the proliferation of online e-pharmacies made the problem exponentially larger and more widespread. On November 12, 2008, Operation Pangea launched, marking …
INTERPOL Combating Online Pharmacies Around the World Read More »
Faithful readers of this blog know that there are two kinds of chains that IDLogiq works with – supply chain and blockchain. Today we’ll be talking a bit about how each works, and how changing the way they’re each used can revolutionize the safety and integrity of the marketplace. The supply chain is the journey …
Recently we talked about how companies suffer due to the proliferation of counterfeit goods. Today we’ll be going more into how much of an effect that these can have on industries and customers alike. Let’s start with the numbers. According to a 2016 study by the Organization for Economic Cooperation and Development, the counterfeit trade …
The DSCSA is the Drug Supply Chain Security Act. It was enacted to amend the Federal Food, Drug, and Cosmetic Act with respect to human drug compounding and drug supply chain security, as well as other purposes, on November 27, 2013. It is also sometimes cited as the Drug Quality and Security Act. The Act …
In the past, we’ve written about counterfeit goods, from electronics to medicine to pet food and designer handbags. While we’ve always highlighted the dangers of having such things present, we have yet to talk about why fake products are bad in general. For the sake of this article, we’ll be using all definitions of counterfeit …
While counterfeit medication is a problem everywhere in the world, developing nations suffer from the proliferation of fake drugs more than the developing world. This is due to any number of factors, such as muddled supply chains, inferior quality ingredients, opportunistic charlatans, inferior versions of the drugs being shipped to places that have very little …
How Counterfeit Medication Caused a Fake Malaria Outbreak Read More »
In past articles, we’ve talked about a variety of counterfeit goods. From medicine to pet food to electronics, we’ve posted about supply chains, health issues resulting from counterfeit drugs, and responsible pet ownership. However, for virtually everything you use in your everyday life, there is still a chance it could be fake. By fake, we …
How to Identify a Counterfeit Handbag and Why You Should Care Read More »
