IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Pharma/Fine Chemicals Roundup – November 22

4:40 AM MST | November 22, 2011 | Deepti Ramesh

POLICE SEIZE COUNTERFEIT DRUGS WORTH $315 MILLION IN CHINA The Chinese government says that police have seized counterfeit pharmaceuticals worth Rmb2 billion ($315 million) and arrested 1,770 suspects in a national raid on counterfeit drugs. The suspects used banned chemicals as ingredients for fake medicine, re-packaged expired drugs, and forged qualification papers, the government says. The fake drug producers have copied prescription drugs, oral tablets and injections from more than 100 domestic and overseas drug producers. Consumption of the drugs may lead to...

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