Wednesday, 23 December 2015

Bilcare points out the measures to ensure anti-counterfeiting in pharma industry

Medical and pharmaceutical sector is one of most crucial sectors in society. It has a major role in ensuring the wellbeing of society. However, counterfeiting of products has become a major concerning issue in this sector. In order to cut down the cost, the manufacturers compromise with the quality of products. These counterfeited products are a threat to the pharmaceutical industry and the society. They have an adverse effect on the health of the consumers. Bilcare, one of the leading pharma packaging entities points out that the consumption of these drugs results in the patient experiencing no relief along with the negative side effects due to harmful ingredients found within the drugs. An estimated worth of $2 billion is added to the drug counterfeit industry every year. Around 10-30 % of the products in circulation in majority of the developing countries are illegally counterfeited. Not only the ingredients used in counterfeited drugs are incorrect; they are also harmful and can cause severe damage to human health. Various mock-pharmaceutical websites provide an easy access of counterfeited drugs to the customers including doctors and hospitals at a cheaper price.
Bilcare points out various effective measures to ensure anti-counterfeiting in the pharma industry. The Pharma packaging companies are developing various new medical packaging techniques to make it difficult for the counterfeit rings to create the replica of package designs. Bilcare suggests pharmaceutical serialisation to keep a track of medications through the medical supply chain. This method helps in tracing the complete history of medication.  A great deal of responsibility and accountability at every level is required in the process of pharmaceutical serialization.  This track and trace system has proved to be a great effective measure in the pharma industry to prevent counterfeiting of products. The company focuses on various other measures like the use of hologram stamps to point out the authenticity of product, ordering prescriptions from accredited and licensed websites, the use of liners and seal to indicate the freshness of products to combat  this ever increasing issue of counterfeiting.

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