Counterfeiting and Smuggling is emerging as the world’s fastest growing industry and represents up to 10 per cent of world trade. Termed as crime of the 21st century, it is affecting almost all economies and sectors. A recent study conducted by Business Action to Stop Counterfeiting and Piracy (BASCAP) indicates the global value of counterfeit [...]
A Proactive Strategy to Curb Counterfeiting and the Importance of Consumer Awareness
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May 31
Figure this, nearly one-third of all the malaria-fighting drugs in the Southeast Asia region are fake or of bad quality. A perilous state of affairs that foretells the imminent washing out of our decade long fight against the disease. In India alone, it is estimated that the share of counterfeit medicines is as high as INR [...]