Nigeria loses N200bn annually to counterfeit medicines ―Experts
Share Experts have alleged that Nigeria loses an estimated sum of N200 billion annually to counterfeit medicines, a sum that excludes what it loses to substandard drugs, adding that the proliferation of fake and counterfeit medicine has detrimental effects on the economy and on society. This was part of the submissions by a panel of experts at a media parley on intellectual property (IP) infringement in the pharmaceutical sector organised by the American Business Council and some partners. According to the panel, a market survey by Pfizer revealed that 40 per cent of Pfizer medicines in Niger...
Source: tribuneonlineng.com