Today is World Anti Counterfeiting Day and I wanted to explore how big of a problem this actually is. In the developing world, where medications and other pharmaceutical products aren’t as highly regulated as they are in North America, it brings to light the huge risks and implications that come from counterfeit drugs.
To give some perspective on how big of a problem this is here are some shocking statistics from FightTheFakes.org:
- 20% of all Malaria deaths worldwide can be directly associated with the use of fake medications
- Poisons found in fake medications include mercury, rat poison, boric acid, paint & antifreeze
- 30% of countries have little or no regulation to effectively combat fake medications
- Every therapeutic class of pharmaceutical product has been the subject of counterfeiting
Given this information, it highlights reasons to be aware of this problem and ensure you aren’t subject to this growing problem. Fake medicines are not just a business problem for pharmaceutical companies but the even greater problem is that it puts people at risk for disease and death, undermines public trust in healthcare systems and puts the health of whole communities at danger by exposing them to greater drug resistance.
To read more on this, check out www.fightthefakes.org