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Counterfeit Medicines: EU Adopts Protective Regulation, China Makes 263 Arrests
6:11 AM MDT | May 31, 2011 | Alex Scott
Its been a good few days for the producers of legal active pharmaceutical ingredients (API) and excipients, with the European Union’s (EU) Council members formally adopting a Directive on Falsified Medicines. Meanwhile, Chinese authorities report that they have arrested 263 individuals for suspected involvement in the production or sale of counterfeit medicines. The EU’s adoption of its Falsified Medicines Directive follows approval of the new regulation by the European Parliament in February. EU countries now have 18 months to implement the...
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