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She takes Tylenol now .

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... in the drug faker's portfolio - Pfizer's Viagra and Lilly's Cialis. ... to smuggle around half a million Viagra tablets into the UK over a period of six ... – PowerPoint PPT presentation

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Title: She takes Tylenol now .


1
  • She takes Tylenol now .
  • After an
    hour .

2
Massive Counterfeit Drug Ring Cracked!
  • A news article by Anna Lewcock
  • Published in
  • in-Pharma Technologist.com
  • Published on 09/18/2007
  • URL
  • http//www.in-pharmatechnologist.com/news/
  • Presentation by
  • Bamadev Paudel

3
News article says .
  • Breaking News!
  • The biggest counterfeit drugs conspiracy ever
    to be encountered in the UK was crushed this
    week, as gang members were found guilty of
    conspiracy by a UK court following a lengthy
    investigation by the authorities.

4
News article says .
  • Fake drugs worth huge amount The investigation
    by the UK Medicines and Healthcare Regulatory
    Agency (MHRA) resulted in the seizure of over
    1.5m of counterfeit drugs intended for illegal
    sale to members of the public.
  • Major Victims The counterfeiters focused on fake
    versions of Merck's hair loss product Propecia,
    as well as the prime earners in the drug faker's
    portfolio - Pfizer's Viagra and Lilly's Cialis.

5
News article says .
  • Fakers Trick The fake drugs that were brought
    into the UK were often disguised as other
    products, such as sample vitamins, sample fish
    proteins or 'calcium for kids', so as not to
    attract the attention of the authorities.
  • Counterfeiter Pfizers employee ? One of the
    members of the counterfeit drugs ring managed to
    smuggle around half a million Viagra tablets into
    the UK over a period of six months. This
    particular person also claimed to have extensive
    experience within the pharmaceutical industry,
    and even tried to identify himself as a prominent
    Pfizer employee. However, there was no sign of
    this individual anywhere in Pfizer's employment
    records, according to a company spokesperson.

6
Economics .
  • Households Problem
  • Maximize
  • Subject to
  • Here GD is genuine drug, CD counterfeit drug, CG
    consumption goods, is a transfer income and
    others are standard symbols.
  • Firms Problem
  • Maximize
  • Subject to
  • Here CC is a cost as a function of imports
    (M) incurred due to increased security measures
    adopted by customs.
  • Adding up all labor and administration
    costs, its estimated that the application and
    implementation of the certificate will cost UK
    businesses in excess of 20 million (in-Pharma
    Technologist.com, 08/09/2006).
  • ,

7
Economics .
P
  • Due to increased competition, D-curve and S-curve
    both shift left in the short-run.
  • In the long-run, D-curve comes back to the
    original position, but the S-curve does not
    comeback to its original position but, instead,
    remains closer to it.

New S-Curve (Short-run)
S-Curve
S-Curve (Lung-run)
C
A
B
D-Curve
New D-Curve (Short-run)
GD
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