THREATS OF TRADE IN COUNTERFEIT MEDICAL PRODUCTS
Journal
HORIZONS - International Scientific Journal
Date Issued
2022-09-16
Author(s)
DOI
https://doi.org/10.20544/HORIZONS.A.31.2.22.P01%20
Abstract
The outburst of the COVID-19 pandemic two years ago had a strong impact upon the increment of on-line trade in goods. This applies to the on-line trade in pharmaceutical products, as well. Different criminal networks used the COVID-19 pandemic for widening the scope, as well as the scale of their operations in on-line trade in unauthorized pharmaceuticals, as well as fake pharmaceuticals for medical treatment of different medical conditions including COVID-19.
Trade in counterfeit medical products does not only mean illegal exploitation of intellectual property rights under the TRIPS Agreement and is a serious threat to the economic growth. It also jeopardizes the life, health and safety of a national economy citizens undermining the good governance, the rule of law and citizens’ trust in government.
Trade in counterfeit medical products does not only mean illegal exploitation of intellectual property rights under the TRIPS Agreement and is a serious threat to the economic growth. It also jeopardizes the life, health and safety of a national economy citizens undermining the good governance, the rule of law and citizens’ trust in government.
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