VIEW on counterfeiting
Today, drug counterfeiting is estimated to cost the industry $21 billion annually. It is believed that availability of drugs through new Internet pharmacies has helped to accelerate the drug counterfeiting problem — a problem in need of immediate solutions.
“We would like to think that the global pharmacy supply chain is safe, but inter-country, black market, and third-party sales are a relatively new problem to be addressed by regulatory authorities,” says Donald E. Morel Jr., Ph.D., CEO and president of West Pharmaceutical Services Inc.
According to Dr. Morel, one of the key considerations for manufacturers is the selection of customized packaging and packaging components…