Counterfeit pharmaceuticals: “These Guys Have Got Some Balls.”
CW website’s ‘Quote of the Day’ today illustrates an alarming state of affairs regarding the counterfeiting of pharmaceuticals. The quote, “These guys have got some balls,” was made by a spokesman for China’s State Food and Drug Administration (SFDA) on criminals who set up a fake version of the drug watchdog’s website to promote their own ‘miracle’ drugs, so says a report by Reuters.
So now we know what industry groups such as SOCMA and the European Fine Chemicals Group, among others, are up against. As fine chemical manufacturers what are your experiences of pharmaceuticals counterfeiting and how do you think the industry should respond?