Veronica Kuoh
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Transcript of Veronica Kuoh
Counterfeit Drugs
• 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)
• Treatment failure• DEATH• Vulnerable pharmaceutical
supply
Result in…
WHAT?
• Fake packaging• Look similar• Ingredient problems
OH MY!
• Antifreeze component diethylene glycol to replace glycerine.
• Sugar• Chalk• Paint
VIDEO http://www.youtube.com/watch?v=6Djftj0bwus
• Fake drug factory in Peru
WHY? – DEMAND SIDE• Cheap• SS<<DD• Asymmetrical Info Too identical; Require chemical testingsDifferent prices all over the worldLag time
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
SOLUTIONS• Security features to the pill and
packaging• Holograms, color-shift logos, barcodes,
RFID
LET’S DISCUSS!• Are we able to stop counterfeiting of
drugs? • How are we able to curb this illicit trade?
THANK YOU!