Philippines: fake drugs make up 25% of counterfeits
The National Committee on IP Rights of the Philippines prevented more than PHP455 million ($8.7 million) worth of counterfeit medicines and personal care products from reaching consumers in the first seven months of this year.
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9 March 2020 EU authorities seized €7.9 million worth of counterfeit medicines—including fake cancer drugs, antivirals, and erectile dysfunction medicines—as part of an operation carried out last year.
15 October 2019 The Philippines’ deputy IP chief has warned e-commerce platforms that they could be made liable for the sale of counterfeit goods on their sites under new legislation, amid fears over the spread of counterfeit pharmaceuticals.