G8 summit highlights counterfeit medicines
Phil Taylor, 25-May-2012
Much of the media reporting of the
recent G8 summit focused on the global economy - and particularly
the Eurozone crisis - but the meeting also generated an important
declaration of war against the counterfeit medicine trade.
The G8 nations (the US, UK, Germany, France, Japan, Italy, Canada
and Russia) met at Camp David in Maryland, US, on May 18-19, and
amongst a raft of new initiatives agreed to " exchange information
on rogue internet pharmacy sites in accordance with national law
and share best practices on combating counterfeit medical
products".
The Camp David
declaration also stressed the importance of intellectual
property rights (IPR) to stimulating job and economic growth and
called for robust protection and enforcement of IPR via
"international legal instruments and mutual assistance agreements,
as well as through government procurement processes, private-sector
voluntary codes of best practices, and enhanced customs
cooperation, while promoting the free flow of information."
The G8's pronouncement was welcomed by the Pharmaceutical Research
and Manufacturers of America (PhRMA), the trade body representing
the USA's research-based biopharmaceutical companies.
"PhRMA is pleased that the G8 Leaders recognise the threat to
global public health of counterfeiting activities around the
world," said PhRMA chief executive John Castellani.
"Counterfeit medicines are manufactured, marketed and distributed
with the deliberate intent to deceive patients and healthcare
providers as to the source or nature of the product" he added. "As
a result, these products threaten the health and safety of
consumers throughout the world."
The extent of the worldwide counterfeiting problem is difficult to
quantify, noted Castellani, but is thought to be on the rise.
Last year, the drug industry-supported Pharmaceutical Security
Institute reported 1,986 counterfeiting cases, down from 2,054
a year earlier but around double the number reported in
2004-2005.
The incidents involved 532 different products, in every
pharmaceutical category, with genito-urinary drugs, anti-infectives
and cardiovascular medicines the most commonly targeted by
counterfeiters.
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