PSI holds the only known comprehensive and updated source of fake drug information” (Cockburn et al. 2005). He explains that, “It is necessary to keep fake drug information confidential for commercial reasons…to avoid media leaks and to prevent the possibility of rival drug companies taking unfair commercial advantage of a victim company” (Cockburn et al. 2005). The purpose of keeping the data a secret from the public is a matter of protecting the reputations of not only each company, but also each
Counterfeit or fake medication is a problem in the world of pharmacy affecting many unsuspecting patients. These patients buy medication from unlicensed sources such as illegitimate online pharmacies, usually with the intent of purchasing it for a cheaper price. However, they do not realize that the product made is artificial and is sub-potent, super-potent, or contaminated, damaging their health, rather than improving it. Fake drugs can also enter the medical supply chain through active ingredients
Counterfeits medicines has spread like wildfire across online shops and unauthorized pharmacies. According to the data that given from World Health Organization(WHO), they estimated that 10 to 30 percent fake medications products are now conquered marketing all over the globe. Eventhough, Malaysia that known as a country that have good system of laws also undergo this serious case when there three to five percent from the medicines that are sold in the country are counterfeit medicines. The identical
INTRODUCTION. The trade of counterfeit pharmaceuticals is a lucrative business with low start up costs. It is growing very fast and has become a worldwide issue. According to the BMI Healthcare Report 2015, in 2013 alone 3.6 million units of counterfeit medicines were seized. They were valued at COP 2,200 million which is approximately $ 921 million. Counterfeit pharmaceuticals continue to represent up to 40% of the total pharmaceutical market in Colombia and police and customs agencies have spent
Dangers of Counterfeit Pharmaceutical Drugs Remember that time, you really wanted to buy a Louis Vuitton bag? Then the thought of spending thousands on it held you back? So instead you bought a knock off, and saved yourself a boat load of money. No harm done, right? However, what if it wasn’t just a purse that you bought as a counterfeit? What if it was a knockoff Tylenol or birth control? Do you think it would be harmful, then? This happens all the time, and the production and
Dangers of Counterfeit Pharmaceutical Drugs Remember that time you really wanted to buy a Louis Viton bag? Then the thought of spending thousands on it held you back? So instead you bought a knock off, and saved yourself a boat load of money. No harm done right? Well not exactly, of course your wearing your new bag out with your friends didn’t make a difference verse the real one. You felt a little spoiled and your friends loved it too. However, what if it wasn’t just a purse that you bought as
In 2015, commercial fisheries harvested in North Carolina caught more than four times the recreational coastal fish harvest, yet commercial fishermen ask for less stringency on commercial fishing (“Portal”). Within North Carolina waters the most effective way of catching fish can be noticed without looking very far. Over the past few decades, many more commercial fishermen have been popping up creating a lack of abundance in some channels and creeks that once were pristine. The methods used by many
private law. Private law is concerned with the relationship between people or companies in this case Jenny and Ancon Construction. Public law on the other hand concerns itself with matters between people and the state. Jenny has not committed any crime against the state and the particular grievance is between her and another person or company. Question 4: Explain the role of a solicitor and a Barrister. Solicitors and Barristers are both types of Lawyers. However they have many differences and roles
fences to keep undesirable people from the car park, the store was in a high crime area, and finally despite numerous requests from employees for increased security, nothing was done on the part of the management. As a result the Connecticut Supreme Court upheld a USD$1.5 million liability award to the estate of Marion Javery. Criminal law on the other hand is concerned about protecting society from people who commit crimes as prescribed by the common and statutory laws. Criminal law's purpose is
Financial Markets and Institutions Mid-Semester Exam Revision The Flow of Fund- the financial system allows the flow of funds from surplus spending units (SSU’s) to deficit spending units (DSU’s). Providers of funds (SSU) receive a financial instrument (which stipulates the terms of the deal – i.e. amount lent, stream of future income, maturity date, etc.) issued either by the receiver of the funds (DSU) or by a financial intermediary. Direct Finance- SSU’s lend money to DSU’s and SSU’s hold a