Latest technology has become both blessing and a curse in times like such. Where countless industries like Pharma, Electronics, Automobiles and many more are waging a war against Counterfeiters, the Counterfeiters has leveraged the power of technology for their own malicious use.
Egypt market is no new to the fraud products and falsification of goods. In Fact for a long time now, Egyptians are combating with the malicious practices of counterfeiting but the win nowhere in sight. No industry is safe under the attack of Counterfeiters, especially industry Pharmaceuticals, Automobile, FMCG and Electronics.
The fact is, you won’t be able to spot counterfeit medicine with your naked eyes. But that doesn’t mean you can’t spot the difference between the real and fake in different ways! The one most effective yet efficient way, invented by the team of experts at Lasersec Technologies, is Phygital. But first, let’s discover the impact of counterfeit drugs on pharma…
Counterfeits are one of the major underground markets which is growing at a fast pace. This affects people in nearly all aspects of life. Medical devices industry is also the one which has not remained untouched by its repercussions.
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…)
Looks can be illusory! If created, they’re being counterfeited.
If you discover an incredible online deal for a branded bag or a branded watch, the maximum chance is, it’s not real – that’s the cautionary issued by the Better Business Bureau officials. Legal authorities declare that the world of web is teeming with luxury counterfeits.
From bags, jewelry and watches to electric cables, cosmetics, healthcare supplies and even pharmaceuticals – fraudsters leave no goods categories intact. If you think that there’s nothing bad with shopping to get an attractive deal, you are unknowingly supporting impostors, which can have severe consequences to your money and can provide funding to other immoral activities.
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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…)
We will help you to distinguish between a real and a fake supreme product. And also helping you save trouble on investing in the wrong kinds of things.
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Counterfeiting fast moving consumer goods has reached such high proportions, it can almost be called an epidemic now. At present, a whopping 7% of the world’s total trade is in counterfeit goods, and that is alarming because not only is it detrimental to the original businesses, it is also bad for consumers who rely on these products.
From medicine to food to cosmetic products and even clothing, everything is counterfeited at a high scale, and counterfeiters make huge profits from the sale of these fake products.
The need of the hour is to stop the counterfeiting of these goods so that customers can have the assurance of quality and businesses do not suffer financial losses.
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