{"id":1300229,"date":"2023-05-27T20:10:57","date_gmt":"2023-05-28T00:10:57","guid":{"rendered":"https:\/\/bugaluu.com\/news\/counterfeit-drugs-are-on-the-rise-globally\/1300229\/"},"modified":"2023-05-27T20:10:57","modified_gmt":"2023-05-28T00:10:57","slug":"counterfeit-drugs-are-on-the-rise-globally","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/counterfeit-drugs-are-on-the-rise-globally\/1300229\/","title":{"rendered":"Counterfeit Drugs Are On The Rise Globally"},"content":{"rendered":"<div class=\"ftpimagefix\" style=\"float:left\"><a target=\"_blank\" href=\"https:\/\/www.zerohedge.com\/medical\/counterfeit-drugs-are-rise-globally\" rel=\"noopener\"><img decoding=\"async\" width=\"100\" data-entity-type=\"file\" data-entity-uuid=\"6d9ea186-4035-4ecb-a25b-de9153769cbd\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2023-05-27_12-50-37.jpg?itok=_Kkq8fpd\" alt=\"\"><\/a><\/div>\n<p><span class=\"field field--name-title field--type-string field--label-hidden\">Counterfeit Drugs Are On The Rise Globally<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><strong>Counterfeit medicines are on the rise<\/strong>, according to\u00a0<a target=\"_blank\" href=\"https:\/\/www.psi-inc.org\/incident-trends\" rel=\"noopener\">data<\/a>\u00a0from the Pharmaceutical Security Institute.<\/p>\n<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.statista.com\/chart\/30067\/worldwide-counterfeit-pharmaceuticals-incidents\/\" rel=\"noopener\">As Statista&#8217;s Anna Fleck shows<\/a> in the following chart shows,<strong> nearly 6,000 pharmaceutical crime incidents were recorded by the nonprofit in 2021, up 38 percent from the year before<\/strong> and the peak figure since their records began 20 years ago.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.statista.com\/chart\/30067\/worldwide-counterfeit-pharmaceuticals-incidents\/\" title=\"Infographic: Counterfeit Drugs on the Rise Globally | Statista\" rel=\"noopener\"><\/a><\/p>\n<p><em>You will find more infographics at <a target=\"_blank\" href=\"https:\/\/www.statista.com\/chartoftheday\/\" rel=\"noopener\">Statista<\/a><\/em><\/p>\n<p>In terms of the geographical distribution of counterfeit pharmaceutical seizures, <strong>the greatest number was recorded in North America (2,442) followed by the Asia Pacific (1,747), <\/strong>Latin America (770), the Near East (705), Eurasia (646), Europe (374) and Africa (187). This order is largely due to how well countries in these regions are effectively identifying pharmaceutical crime through law enforcement activity and inspections by drug regulatory agencies. As the PSI notes, competing law enforcement priorities, lack of funding, or inadequate regulatory structures can mean that counterfeit medicines go undetected.<\/p>\n<p>According to the<a target=\"_blank\" href=\"https:\/\/www.who.int\/news\/item\/28-11-2017-1-in-10-medical-products-in-developing-countries-is-substandard-or-falsified\" rel=\"noopener\">\u00a0World Health Organization<\/a>,<strong> roughly 10 percent of medical products circulating in low- and middle-income countries are substandard or falsified.<\/strong> In\u00a0<a target=\"_blank\" href=\"https:\/\/www.statista.com\/chart\/30068\/falsified-medicines-in-sub-saharan-africa\/\" rel=\"noopener\">sub-Saharan African nations, this share is believed to be even higher<\/a>, rising closer to 19-50 percent. With this in mind, the actual number of incidents of fake pharmaceuticals being manufactured and distributed is likely far higher than this chart shows, considering the many cases where fake drugs have not been detected or reported.<\/p>\n<p>One reason cited for the surge in the volume of fake or defective pharmaceuticals is the<strong> increase of online pharmacies<\/strong>.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a target=\"_blank\" title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" lang=\"\" class=\"username\" xml:lang=\"\" rel=\"noopener\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Sat, 05\/27\/2023 &#8211; 23:00<\/span><\/p>\n<p>From:<a href=\"https:\/\/www.zerohedge.com\/medical\/counterfeit-drugs-are-rise-globally\" target=\"_blank\" title=\"Counterfeit Drugs Are On The Rise Globally\" rel=\"noopener\">Zerohedge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Counterfeit Drugs Are On The Rise Globally Counterfeit medicines are on the rise, according to\u00a0data\u00a0from the Pharmaceutical Security Institute. As Statista&#8217;s Anna Fleck shows in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1300229","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-5sfr","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1300229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1300229"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1300229\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1300229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1300229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1300229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}