The Peterson Group Holds Seminar on Proper Usage o: The Peterson Group Watchdog of Counterfeit and illegal drugs Singapore
vienna, Austriavienna, Austria
Year Founded:
Project Stage:
2015
Organization type:
nonprofit/ngo/citizen sector
Idea
Budget:
$1,000 - $10,000
Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.
Admittedly, Indonesian local pharmacists have stated that despite the warnings of capital punishment to those who are found guilty of smuggling counterfeit medicines in the country, the implementation of law is oftentimes vague and security loose.
Threats to the pharmaceutical supply chain include stolen products, unapproved generics, re-introduction of expired products, counterfeits, up-labeled products, diverted products, and parallel imports. The World Health Organization estimates that the percentage of drugs which are counterfeit range from around one per cent of sales in developed countries to over 10 per cent in developing countries, depending on the geographical area.
Impact: What is the impact of the work to date? Also describe the projected future impact for the coming years.
Solidification is emphasized throughout the seminar which lasted for four hours. Sanofil spokesperson, Theo Mowas stated, “anti-counterfeiting strategies” should be implemented together. That is why there should be a union among local pharmaceutical companies and the sectors of government which work in related field”.
Spread Strategies: Moving forward, what are the main strategies for scaling impact?
Thomas Manu, TPG spokesperson, also reiterated the importance of proper communication and good relationship between the government and private owners. He then reminded those present that transparency is one of the most vital factors in achieving a better outcome.
Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?
The organization then proceeded to finally introducing the different anti-counterfeiting technologies which are either already available in the market or are still being developed. Ideas from barcodes, overt, covert and forensic authentication on the product themselves, pedigree, tracking and other automated features were shown.
Founding Story
Other issues such as the rampant increase in the number of generic pharmacies in the country were also called in question. A healthy debate then issued among those who support generic pharmacies and those against it.
Team
A similar seminar is expected to be held next in Singapore within this November.