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The challenge of curbing counterfeit prescription drug growth: Preventing the perfect storm Case Solution & Answer

The recent case of a false Avastin1 the problem of counterfeit products in the forefront of the illegal drug trade. Drug counterfeiters are opportunistic criminals motivated by the extraordinary profits that are made from the sale of fake pharmaceuticals limited legal damages. This article describes the interrelated traits that can trigger a catastrophic situation of counterfeit drugs infiltrating the global pharmaceutical supply chain – a “perfect storm.” Both physically and virtually – – through a network of dealers in small artisanal mining manufacturing facilities to the failed policies that observe the warning signs and the ease of entering the supply chain of pharmaceuticals is discussed large scale, and the recent U.S. legislation enacted to curb the growth of counterfeit pharmaceuticals, and the proliferation of national and multilateral agencies led by the industry to protect the supply chain for prescription drugs. Finally, we conclude with a discussion of the anti-counterfeiting tactics (eg education campaigns for consumers, authentication technology) developed by the various stakeholders.
by
Peggy E. Chaudhry,
Stephen A. Stumpf
Source: Business Horizons
9 pages.
Date Posted: March 15, 2013. Prod #: BH520-PDF-ENG
The challenge of reducing the growth of counterfeit prescription drugs Prevention perfect storm case solution

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