Industry News
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China cracks fake drug ring, seizing 114, as US FDA official urges vigilance
Shanghai - November, 2011
The Washington Post reports that, "Police in central China’s Henan province arrested 114 people in a crackdown on a counterfeit drugs ring, seizing $30 millio... -
Polish police nab record haul of fake Euros
Warsaw - October, 2011
The FINANCIAL -- (WARSAW) According to EU Business, Polish police on Thursday said they had nabbed a record one million fake euros which they suspect were to be... -
The Dangerous World of Counterfeit Prescription Drugs
October, 2011
Counterfeit prescription pharmaceuticals are a growing trend, widely recognized as a public health risk and a serious concern to public health officials, privat... -
Phony Medications Flood the U.S.
June, 2011
The high price of prescription drugs fuel a booming market in risky, counterfeit medications. CNN's Casey Wian reports.... -
Drug theft goes big
April, 2011
FORTUNE -- A few years ago a security expert visited Eli Lilly's vast warehouse in Enfield, Conn., one of the pharmaceutical giant's three U.S. distribution sit... -
EFPIA Finds Packaging Key to Anticounterfeiting
December, 2010
The European Federations of Pharmaceutical Industries and Associations (EFPIA) released a updated whitepaper on drug anticounterfeiting initiatives in November,... -
9 tons of fake medicine seized in East Africa
East Africa - September, 2010
Authorities have seized 9,072 kilograms (20,000 pounds) of counterfeit medicine and arrested 80 people suspected of illegal trafficking in six East African nati... -
Snatched: Drugs rank high in stolen goods
Pasadena, CA - April, 2010
When you think about big heists, what comes to mind? Diamonds? Cash stolen from an armored car? Perhaps a priceless painting from a museum? Prescription dru... -
Are You Buying Illegal Drugs?
New York - April, 2010
Last month, thieves cut through the roof of an Eli Lilly warehouse in Enfield, Conn., shimmied down a rope, disabled the alarms and made off with $75 million w... -
Increase in Guyana's revenue collection exceeded US$40m in 2009
Georgetown, Guyana - December, 2009
The Guyana Revenue Authority (GRA) is reporting the total increased collection of taxes for this year so far of US$40 million (GY$8 billion) has exceeded the pr...