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Combating Counterfeiting in the Indian Drug Industry under Intellectual Property Laws

As per the global counterfeit goods ranking, counterfeited drugs are at the top of the list with a market value of $ 200 billion. World over India is a leading manufacturer and exporter of high-quality generic and patent drugs. However, the TAXUD statistics released by the European Commission a few years back showed us the dark side by stating that 75 percent of fake drugs supplied world over had some origins in India. The figures are bound to have increased considerably.
However, the health ministry in India has undertaken various steps to clamp down on the illegal trade such as launching a reward program in 2010, offering $55,000 to those who provide information about fake-drug syndicates amongst others. Important changes have also been proposed to the country’s IP laws such as the procedure stipulated by the Drug Controller General of India in January 2011, which required an amendment to Rule 96 (manner of labeling requirement) of Drugs and Cosmetics Act. The proposed amendment made it mandatory for every drug manufactured in India to bear on its primary label Unique Identifier Code and 2D bar code by which anyone can verify the drug through an SMS.

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