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Police Seize Counterfeit Drugs Worth $315 Million in China

3:01 AM MST | November 18, 2011 | Deepti Ramesh

The Chinese government says that the 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 police have broken up more than 1,400 units that produced or sold fake medicine during the raid that was jointly conducted in 29 provincial-level regions. The fake drug producers have copied prescription drugs, oral tablets and...

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