Veronica Kuoh

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Counterfeit Drugs

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Transcript of Veronica Kuoh

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Counterfeit Drugs

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• Anti-diabetic traditional medicine (used to lower blood sugar)

• Metakelfin (antimalarial) • Viagra & Cialis (for

erectile dysfunction) • Xenical (for fighting

obesity) • Zyprexa (for treating

bipolar disorder and schizophrenia)

• Lipitor (for lowering cholesterol)

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• Treatment failure• DEATH• Vulnerable pharmaceutical

supply

Result in…

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WHAT?

• Fake packaging• Look similar• Ingredient problems

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OH MY!

• Antifreeze component diethylene glycol to replace glycerine.

• Sugar• Chalk• Paint

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VIDEO http://www.youtube.com/watch?v=6Djftj0bwus

• Fake drug factory in Peru

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WHY? – DEMAND SIDE• Cheap• SS<<DD• Asymmetrical Info Too identical; Require chemical testingsDifferent prices all over the worldLag time

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WHY? – SUPPLY SIDE

• “Counterfeiters can make more money than hard-drug traffickers, and they have less of a chance to go to prison” –Interpol police

• Hard to trace• Weak legislations• Asymmetrical Info • Internet pharmacies

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SOLUTIONS• Security features to the pill and

packaging• Holograms, color-shift logos, barcodes,

RFID

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LET’S DISCUSS!• Are we able to stop counterfeiting of

drugs? • How are we able to curb this illicit trade?

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THANK YOU!