- Quick Facts - 11.06.2019 - Sylvie Ponlot

Explosion in counterfeit drugs

In five years, incidents involving fake drugs have increased by 60%. Benefiting greatly from online sales, the traffic in counterfeit products is today estimated to be worth $200 billion and represents 20% of the global pharmaceutical market. Although the European States calculate fiscal losses due to this illegal market at more than €1.5 billion, it is the African countries that pay the heaviest price. Almost seven in ten drugs are counterfeit or of lower quality and are directly involved in the deaths of hundreds of thousands of people.