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Regions :: China
China cracks down on counterfeit drugs
7:42 AM MST | February 21, 2013 | Deepti Ramesh
The Chinese government says that the State Food and Drug Administration (SFDA; Beijing) and the Ministry of Public Security (MPS; Beijing) jointly took action against more than 20,000 suspects in 2012 for making and selling counterfeit medicines. The suspects were involved in about 14,000 cases of counterfeit medicines that had a total value of over 16 billion renminbi ($2.56 billion), according to a statement jointly released by SFDA and MPS, the government says. Twenty-eight companies were shut down and 228 suspects were arrested for making capsules and...
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