These articles are tagged with "counterfeit medicine"
While the number of counterfeit drugs circulating the world is declining, the overall value of the counterfeit pharmaceutical landscape is bigger than ever. As counterfeiters increasingly focus on more expensive drugs, the pharma industry must turn to sophisticated anti-counterfeit technologies to protect its profit margins – not to mention its vulnerable target audience. Fortunately, as […]
The rise of e-commerce has made supply chains more complex – and prone to counterfeiting – than ever before. The pharmaceutical industry is no exception, with the FDA estimating that about 10 percent of all pharmaceuticals sold globally are counterfeit. As the number of counterfeit pharmaceuticals circulating the world continues to climb, manufacturers and pharmaceutical […]
Did you know 1 in 5 consumers refuses to purchase any products from a company that suffered a food recall? Meanwhile, the amount of counterfeit products on the global market is forecast to increase 3 percent annually over the next five years. In the US alone, food recalls have increased 400 percent in the past […]
Amid increasingly stringent security regulations and an alarmingly high number of fake products on the market, anti-counterfeiting technologies are the latest trend to take the packaging industry by storm. According to Smithers Pira, the anti-counterfeit packaging market is set to grow at a compound annual growth rate of 5.3 percent, reaching 3.6 billion USD by 2022.
In the world of pharmaceutical packaging constant innovation is key to ensure patient safety. Taking the right dose of the right medication at the right time isn’t always easy, but that’s where these innovative pharmaceutical packaging concepts come in.
The pharma industry’s fight against counterfeit drugs is long from over. International investigations reveal alarming figures: at least 10 percent of all drugs sold worldwide are counterfeited, costing pharmaceutical manufacturers over 10 billion euros annually – not to mention the dangers patients are being exposed to every day. Called upon to help identify and prevent […]
The amount of counterfeit pharmaceutical packaging circulating the world is now bigger than ever, even creating what experts call a ‘parallel economy’ – with potentially deadly consequences. With counterfeit pharmaceutical packaging unlikely go away anytime soon, the pharmaceutical industry is increasingly turning to innovative covert and overt anti-counterfeit measures.
The pharmaceutical packaging industry is thriving. From improved anti-counterfeiting and temperature-controlling technologies to ergonomic packaging and packaging that facilitates patient compliance, this article provides a closer look at the key safety trends shaping pharmaceutical packaging design today.