There are lots of instances where companies end up losing revenue due to the presence of fake product manufacturers. This is rampant in almost every sector, including Apparel, FMCG, Healthcare, Electronics, and many other industries. The hazard of piracy keeps lots of Top Brands on tenterhooks.
Counterfeit medicines are the fake/fraud medicines which might contain adulterated or wrong ingredients or in low concentration or might not even contain any active ingredient. The World Health Organization (WHO) defines “Substandard / Spurious / Falsely labeled/ Falsified / Counterfeit (SSFFC) medical products” as medical products that are outside of specifications, which includes intentional, reckless or negligent errors, false packaging, and those intended to deliberately deceive and imitate a genuine product (WHO, n.d.).
Counterfeit Drugs, Genuine Solutions!
Fake medications still remain the topmost concern in the global pharmaceutical industry. Currently, in the intricate global economy, augmentation of online transactions and complex pharmaceutical supply chains has made it even more difficult to detect such counterfeit drugs.
The pharmaceutical industry is battling simultaneously against counterfeit drugs thriving online, and also in hospitals and pharmacies. These counterfeit drugs not only affect the reputation of the drug manufacturers and cause sales loss, but they are very much dangerous to our health too. (more…)
Let’s talk about what labeling and packaging measures should the producers need to actualize and how viable they can do as such with cutting-edge bundling advances to guarantee the patient security. (more…)
If you are tired of losing out on billions of rupees because a set of so-called independent distributors are passing off cheap, counterfeit auto parts claiming them to be original, then it is time you should resist them, whether you are a manufacturer or a consumer.
Increasing concerns for security issues are making holograms more and more popular. Security hologram and holographic labels are of high importance to prevent access to securitized items and data.
Counterfeiters are all over the field, and they are not leaving any business untouched. It hurts business most in this regard, is the automobile industry for more than one reason. Since its inception, the counterfeit practice has grown to become nearly equal to that of the original in many aspects.
There are tons of good alluring deals on your branded headphones once you go through your local market. But those are mostly counterfeit goods or are cheap knock-offs of any OG products that come under famous brands.
If you are tired of losing out on billions of rupees because a set of so-called independent distributors are passing off cheap, counterfeit auto parts claiming them to be original, then it is time you should resist them, whether you are a manufacturer or a consumer.
