tag:blogger.com,1999:blog-28450497.post2801739352184129511..comments2009-04-01T21:12:49.302-04:00Adam J. Fein, Ph.D.http://www.blogger.com/profile/12217252282643255442noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-28450497.post-75898781679972357632008-06-17T02:15:00.000-04:002008-06-17T02:15:00.000-04:00Counterfeiting industry would grow more than the Pharmaceutical industry's growth since Pharmaceutical companies focus always more on the bottom line than as an activity of service to humanity. Brand Owners must be reasonable in margin as soon as they launch a new molecule. Yes, lot of costs are incurred while bringing out a new molecule after extensive trials. But you also make it very lucrative for some one to counterfeit since profit of counterfeiting medicines is huge as compared to other products.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28450497.post-39162674327503543222008-06-13T09:57:00.000-04:002008-06-13T09:57:00.000-04:00California’s decision to delay implementation of electronic pedigree has not resulted in a slow-down of anti counterfeiting activities. Quite the opposite has occurred with the introduction of HR 5839 “Safeguarding America’s Pharmaceuticals Act”, the FDA request for comments on unique identifiers and trace & track technologies and additional legislation from California (SB 1307 & SB 1270) and other states. Add this to the rising use of non certified internet pharmacies by consumers and the world wide increase in seizures of counterfeit medicine (24 % increase in 2007) and it is clear that the problem of fake medicine poses a significant risk to the health and well being of the public. <BR/><BR/>The industry continues to prod ahead with key stakeholders stating their positions on such topics as use of preferred data carriers (RFID and/or 2D barcodes), alignment of the Drug Pedigree Messaging Standards and EPCIS, implementation costs, operational challenges and added business value. <BR/><BR/>At the end of the day, the point of this gigantic initiative is to help foil the “bad guys” to ensure that the health of public is protected. Therefore we, as an industry, must identify the target, keep it in our site and make good our course toward the end goal. This is no time to let our guard down!!<BR/><BR/>MaryannMaryann Dowd R. Ph.http://www.vcgassociates.comnoreply@blogger.comtag:blogger.com,1999:blog-28450497.post-83442577301727148252008-06-13T08:44:00.000-04:002008-06-13T08:44:00.000-04:00Hong Kong Phooey -- love it!! Great reference.Anonymousnoreply@blogger.com