Comments on: Better living through fake chemistry – counterfeit pharmaceuticals flook UK http://futurismic.com/2009/01/05/better-living-through-fake-chemistry-counterfeit-pharmaceuticals-flook-uk/ Presenting the fact and fiction of tomorrow since 2001 Fri, 10 Feb 2012 22:03:44 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Julian H http://futurismic.com/2009/01/05/better-living-through-fake-chemistry-counterfeit-pharmaceuticals-flook-uk/comment-page-1/#comment-17533 Julian H Tue, 06 Jan 2009 11:57:55 +0000 http://futurismic.com/?p=5374#comment-17533 Khannea Suntzu, your comment that you "LOVE" medicine counterfeiting is rather distasteful coming, as it does, shortly after 30+ Nigerian children were killed by a <a href="http://africa.reuters.com/wire/news/usnL3118651.html" rel="nofollow">dodgy teething syrup</a>. The syrup contained diethylene glycol, which had presumably been mislabeled as "glycerine" at some point in the production chain. Anyway, your point is incorrect because many counterfeit medicines are fakes of <i>off-patent</i> drugs. These <a href="http://www.kbc.co.ke/story.asp?ID=54531" rel="nofollow">paracetamol fakes</a> were discovered in Kenya last month. If governments didn't interfere with pharmaceutical markets (through trade barriers, taxes, tariffs, price controls and so on) then open competition between branded generic forms of these drugs would result in low prices <i>and</i> high quality drugs. Here are some levels of taxes and tariffs imposed by governments in LDCs on pharmaceutical products: Kenya 38% Brazil 29% Pakistan 26% Mexico 25% China 24% Ghana 22% India 20% Morocco 18% Thailand 18% Laos 17% Nigeria 16% Khannea Suntzu, your comment that you “LOVE” medicine counterfeiting is rather distasteful coming, as it does, shortly after 30+ Nigerian children were killed by a dodgy teething syrup.

The syrup contained diethylene glycol, which had presumably been mislabeled as “glycerine” at some point in the production chain.

Anyway, your point is incorrect because many counterfeit medicines are fakes of off-patent drugs. These paracetamol fakes were discovered in Kenya last month.

If governments didn’t interfere with pharmaceutical markets (through trade barriers, taxes, tariffs, price controls and so on) then open competition between branded generic forms of these drugs would result in low prices and high quality drugs.

Here are some levels of taxes and tariffs imposed by governments in LDCs on pharmaceutical products:

Kenya 38%
Brazil 29%
Pakistan 26%
Mexico 25%
China 24%
Ghana 22%
India 20%
Morocco 18%
Thailand 18%
Laos 17%
Nigeria 16%

]]> By: Khannea Suntzu http://futurismic.com/2009/01/05/better-living-through-fake-chemistry-counterfeit-pharmaceuticals-flook-uk/comment-page-1/#comment-17527 Khannea Suntzu Mon, 05 Jan 2009 22:17:46 +0000 http://futurismic.com/?p=5374#comment-17527 ** I LOVE IT ** Finally we see the coruptopolies of western medicine wilted down my market forces - simple: if you outprice what's affordable, the market finds a solution, IP rights nothwithstanding. I can only HOPE this will balloon fast and drag down prices. I can only HOPE sellout, mafia enabler politicians wont crack down with stormtroopers. ** I LOVE IT **
Finally we see the coruptopolies of western medicine wilted down my market forces – simple: if you outprice what’s affordable, the market finds a solution, IP rights nothwithstanding.

I can only HOPE this will balloon fast and drag down prices.

I can only HOPE sellout, mafia enabler politicians wont crack down with stormtroopers.

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