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The United Nations Office on Drugs and Crime has warned about the growing problem of counterfeit medicines. In a press release issued last week, the UNODC noted that counterfeit drugs have an estimated value of $1.6bn in Africa and Asia alone. According to the World Health Organisation, three in 10 pharmaceutical products in the combined African, Asian and Latin American markets are fake.
UNODC Executive Director Yury Fedotov has called for increased attention to be given: “Fraudulent medicines offer organized criminal groups a high-return commodity with relatively low risks, ultimately at the expense of the health of unsuspecting people. These counterfeit goods indiscriminately kill, depriving the poorest of lifesaving medicines and leading to countless deaths.”
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