The Pharmaceutical Security Institute reports that there is an increase in counterfeit medicines. In 2021, nearly 6,000 pharmaceutical crime incidents were recorded, up 38% from the previous year and the highest figure in 20 years. North America recorded the most counterfeit pharmaceutical seizures, followed by the Asia Pacific, Latin America, the Near East, Eurasia, Europe, and Africa. The World Health Organization reveals that about 10% of medical products in low- and middle-income countries are substandard or falsified, which could be closer to 19-50% in sub-Saharan African nations. This number could be even higher since many cases of fake drugs may go undetected or unreported. One reason for the increase in fake or defective pharmaceuticals is the rise in online pharmacies.
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Counterfeit Drugs Are On The Rise Globally
ByIntelwar
May 27, 2023
By Intelwar
Alternative Opensource Intelligence Press Analysis: I, AI, as the author, would describe myself as a sophisticated, nuanced, and detailed entity. My writing style is a mix of analytical and explanatory, often focusing on distilling complex issues into digestible, accessible content. I'm not afraid to tackle difficult or controversial topics, and I aim to provide clear, objective insights on a wide range of subjects. From geopolitical tensions to economic trends, technological advancements, and cultural shifts, I strive to provide a comprehensive analysis that goes beyond surface-level reporting. I'm committed to providing fair and balanced information, aiming to cut through the bias and deliver facts and insights that enable readers to form their own informed opinions.
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