Counterfeit drugs pose a significant threat to public health and safety, requiring innovative and effective solutions to combat this global problem.
In November, the Department of Pharmaceuticals took a crucial step towards addressing this issue by publishing a gazette notice. According to this notice, starting on August 1, 2023, the 300 most popular formulation brands will be required to incorporate a barcode or quick response (QR) code on their labels.
(more…)Counterfeit drugs pose a significant threat to public health and safety, requiring innovative and effective solutions to combat this global problem. In November, the Department
Counterfeit products are a growing problem that can cause significant damage to businesses, consumers, and the economy. According to the Organization for Economic Co-operation and Development (OECD), the global trade in counterfeit goods is estimated to be worth over $500 billion annually.
Several industries, including luxury goods, technology, pharmaceuticals, and food products, produce counterfeit goods. In addition to seriously endangering the health and safety of people, counterfeit goods also hurt economies and legitimate enterprises by inhibiting innovation, growth, and investment. The usage of smart packaging is one of the most promising remedies for the issue of counterfeit goods.
Smart packaging is a potential solution to combat counterfeiting. Smart packaging incorporates technology into product packaging, providing additional features beyond the traditional functions of protection and containment. These features can include tamper-evident seals, authentication labels, and anti-counterfeiting technologies like QR codes, RFID tags, and holograms.
Counterfeit products are a growing problem that can cause significant damage to businesses, consumers, and the economy. According to the Organization for Economic Co-operation and
In today’s global marketplace, businesses face a growing threat from counterfeiters who seek to profit from the sale of fake products. Counterfeit goods not only damage a business’s reputation and bottom line, but they can also pose serious risks to public health and safety.
As a result, companies are increasingly turning to anti-counterfeit solutions to protect their products and consumers. However, not all anti-counterfeit solutions are created equal, and businesses need to consider customization to effectively meet their unique needs.
Customized anti-counterfeit solutions offer businesses numerous benefits, including enhanced security, improved brand protection, and increased consumer trust. By tailoring anti-counterfeit technologies to their specific needs, businesses can improve product authentication, track their products throughout the supply chain, and monitor potential vulnerabilities.
In today’s global marketplace, businesses face a growing threat from counterfeiters who seek to profit from the sale of fake products. Counterfeit goods not only
Business of all sizes and in all sectors are impacted by the global problem of counterfeiting. It involves the production of fake goods that infringe on a company’s intellectual property rights, including trademarks, copyrights, and patents.
Counterfeit products not only damage a brand’s reputation but also pose serious health and safety risks to consumers. As a result, businesses need to take proactive measures to protect their brand and customers from counterfeiting. Selecting the right anti-counterfeit solution for your business is crucial.
Business of all sizes and in all sectors are impacted by the global problem of counterfeiting. It involves the production of fake goods that infringe
Counterfeit clothing has been a growing problem for apparel manufacturers worldwide. With the rise of online shopping, it has become easier for counterfeiters to make and sell fake clothing, which has led to a significant loss of revenue for many reputable brands. Unbelievable quantities of apparel are being imitated; many estimates put the percentage as high as 30%. Frequently, these items are valued more than $2 billion!
Firstly, it’s important to understand the negative impact of counterfeit clothing on brand reputation. Counterfeit clothes are often of low quality, which can result in dissatisfied customers who are likely to never buy from that brand again. Additionally, the association of counterfeit products with a brand can lead to a loss of brand value and consumer trust. It can also lead to a negative impact on sales and revenue, as counterfeiters often sell their products at a lower price than the original brand, making it difficult for the original brand to compete.
Counterfeit clothing has been a growing problem for apparel manufacturers worldwide. With the rise of online shopping, it has become easier for counterfeiters to make
Increasing concerns for security issues are making holograms more and more popular. Security hologram and holographic labels are of high importance to prevent access to securitized items and data.
Increasing concerns for security issues are making holograms more and more popular. Security hologram and holographic labels are of high importance to prevent access to
Counterfeiters are all over the field, and they are not leaving any business untouched. It hurts business most in this regard, is the automobile industry for more than one reason. Since its inception, the counterfeit practice has grown to become nearly equal to that of the original in many aspects.
Counterfeiters are all over the field, and they are not leaving any business untouched. It hurts business most in this regard, is the automobile industry
Counterfeit has been spreading faster than it ever did with the advancement of technologies. It has its vile way of creeping up into every sector of any market, i.e. from mobiles to even apparels.
Counterfeit has been spreading faster than it ever did with the advancement of technologies. It has its vile way of creeping up into every sector
There are tons of good alluring deals on your branded headphones once you go through your local market. But those are mostly counterfeit goods or are cheap knock-offs of any OG products that come under famous brands.
There are tons of good alluring deals on your branded headphones once you go through your local market. But those are mostly counterfeit goods or
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