[Ip-health] Reuters (India)- Europeans spend billions on fake medicines-survey

Terri - Louise Beswick Terri@haiweb.org
Tue Feb 16 15:49:12 2010


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Europeans spend billions on fake medicines-survey


Tue Feb 16, 2010 5:31am IST



* 21 pct buy prescription drugs without scrip -Pfizer survey * Illicit
drug spending estimated at 10.5 bln euros a year

* Weight loss and flu medicines top online purchases

By Ben Hirschler

LONDON, Feb 16 (Reuters) - Western Europeans spend an estimated 10.5
billion euros ($14.3 billion) a year on illicitly sourced medicines,
many of them counterfeit, according to a Pfizer-sponsored (PFE.N: Quote
<http://in.reuters.com/stocks/quote?symbol=PFE.N> , Profile
<http://in.reuters.com/stocks/companyProfile?symbol=PFE.N> , Research
<http://in.reuters.com/stocks/researchReports?symbol=PFE.N> ) survey
published on Tuesday.

Germans and Italians buy the most prescription-only drugs without a
prescription, either over the Internet or on overseas trips, in
nightclubs, in shops and via friends.

Counterfeit medicines often contain the wrong or even toxic ingredients
and are a growing health threat worldwide, especially in poor countries,
according to the World Health Organisation.

They are also a thorn in the side of companies like Pfizer, the world's
biggest drugmaker, whose impotence pill Viagra and cholesterol drug
Lipitor are two of the favourite targets for illegal counterfeiters.

Critics argue that the industry is keen to play up the issue in order to
back its demands for tighter controls on medicine supply and packaging,
thereby protecting its brands.

But the problem is being taken seriously by European officials. Outgoing
European Union industry commissioner Guenter Verheugen said in December
he was "extremely worried" about counterfeit medicines after 34 million
fake tablets were seized at EU custom points in just two months.

Jim Thomson, chairman of the European Alliance for Access to Safe
Medicines, which receives funding from the drug industry, said tests by
his group had shown that 62 percent of medicines purchased online were
fake or substandard.

"Does industry have a vested interest in this? Absolutely. But I think
society should have an even bigger interest in getting this stopped," he
told Reuters.

"Counterfeit medicine is costing the industry a huge amount of money but
it's costing healthcare providers a lot more."

Overall, 21 percent of 14,000 people surveyed in 14 states said they had
bought medicines illicitly, with the rate ranging from 38 and 37 percent
in Germany and Italy, respectively, to 12 and 10 percent in Britain and
the Netherlands.

Weight-loss medicines accounted for nearly half of all online purchases,
followed by prescription treatments for flu, such as Roche's (ROG.VX:
Quote <http://in.reuters.com/stocks/quote?symbol=ROG.VX> , Profile
<http://in.reuters.com/stocks/companyProfile?symbol=ROG.VX> , Research
<http://in.reuters.com/stocks/researchReports?symbol=ROG.VX> ) Tamiflu;
pills for erectile dysfunction; quit-smoking drugs; and painkillers.
(Editing by David Cowell)

http://in.reuters.com/article/governmentFilingsNews/idINLDE61E16A2010021
6?pageNumber=2&virtualBrandChannel=0