The pharmaceutical industry has an array of duties of keeping up with technology and research as well as the unbridled counterfeit products that can thwart the efforts. The snide, intended to mimic the genuine products, have in many cases led to lack of effective healing, adverse reactions and now the diminishing confidence in medicines and the general healthcare systems and the providers of the same.
With sales ranging from €150 billion to €200 billion which is US$163 billion to $217 billion every year, as indicated by industry estimates, fake pharmaceuticals are the most lucrative segment of the worldwide exchange illicitly replicated merchandise. World Health Organization (WHO) approximates 30 percent of drugs that reach developing nations are counterfeit and this can have substantial effects for the brand as well as on the patients. Dealing in counterfeits is a criminal offence that not only harms legitimate businesses, but also leaves consumers with sub-standard goods that are often precarious.
Thus Counterfeit medicines are turning into a serious concern around the world, and have progressively been showing up through the real pharmaceutical supply chain, including community and online drug stores.