PreviousOf fake and counterfeit drugs
The demand for Cialis has spawned spurious peddlers. Demands for popular products have always encouraged counterfeit and fake product manufacturer’s world over.
The demand for Cialis has spawned spurious peddlers.
Demands for popular products have always encouraged counterfeit and fake product manufacturer’s world over. Pharmaceuticals perhaps present the most lucrative market as the demand for formulations is worldwide. The World Health Organization reports, though it looks too conservative, that counterfeit drugs marketed across the world fall in the range of 10%. Its estimate about many developing countries registering a figure as high as 50% however may not be too short of the actual.
Korea has often come under the spotlight for both good and the bad reasons. First the good one - the country enjoys the tenth largest market in the world at more than $10 billion. For over more than one and a half decade now pharmaceutical majors from the US and Europe have set their manufacturing base here. Needless to mention the country also offers a thriving pitch for the fake and counterfeit peddlers.
US based Eli Lilly & Company’s head Arthur J. Katsanos admits that counterfeit and fake formulations are hard to lay a seize on. And the most worrying part of it is that the business in the spurious pharmaceuticals is not only booming but booming in leaps and bounds.
Korea mainly is a market for generics. Most of these generic drugs have expired patents. About quite sometime back Korean police raided over 100 Seoul based pharmacies. And to the surprise of many and the delight of many more, the catch was fake Cialis. It was not a small seize. In the raid close to 150 million pills were uncovered.
Now that gave some an altogether different idea as reported in a Korean newspaper. “Going by the raid and the amount of Cialis seized, it gives a signal to the world that the favorite pastime for Koreans is Sexual Intercourseâ€, quipped a chemist in Seoul. The Erectile Dysfunction Drugs is quite often taken for fun rather than for need. Effortless availability of drugs like Cialis online makes the misusage more rampant.
Release Date: 29/8/2006
Contact Name: antony07
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Added: Fri Sep 01 2006