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Around 25% of India's drugs are fake, counterfeit or substandard. If the fake drugs market grows at the current rate of 25%, it will cross US$10 billion mark by 2017. Trade in fake drugs is driven caused by lack of adequate regulations, shortage of drug inspectors and a lack of lab facilities to check the purity of drugs.
The Food and Drugs Act prohibits most direct-to-consumer advertising of prescription medications: all direct-to-consumer advertising of drugs was forbidden until 1978, when Health Canada began to allow ads containing names, quantities, and prices only, so that pharmacies could display their prices for comparison purposes. [10]
The Insurance Bureau of Canada estimates that personal injury fraud in Canada costs about C$500 million annually. [12] Indiaforensic Center of Studies estimates that Insurance frauds in India costs about $6.25 billion annually. [13]
Canada Drugs. Canada Drugs otherwise known as CanadaDrugs.com, was an online pharmacy based in Winnipeg, Manitoba. It was started in 2001 by former Manitoba pharmacist Kristjan Thorkelson as an offshoot of a chain of four local pharmacies, called The Prescription Shop, in Winnipeg. With the company being one of the first in the suddenly-growing ...
And the annual list price of Merck’s cancer drug Keytruda is $191,000 in the US, while in the UK, it’s $115,000; in Canada, it’s $112,000; in France, it’s $91,000; in Germany, it’s ...
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Toronto Police drug scandal, 2004 — multiple scandals broke out in early 2004, as a result of internal affairs and RCMP investigations. Allegations of the sale of narcotics, fake search warrants, raid tip-offs and mob gambling debts involved many dozens of Toronto police officers, including former chief William J. McCormack 's son, Michael ...
Although Ozempic costs nearly $1,000 a month without insurance, the demand for these drugs has grown rapidly. Sales of Ozempic alone are projected to reach $11 billion this year, according to one ...