Estimated Value Of the Fake Drug Industry

in Business Security, Counterfeit Goods

The counterfeit drugs industry is estimated to be worth $200 Billion a year.

The sales of counterfeit drugs kills up to 10,000 Africans each year and creates 2 to 5 percent tax losses for governments around the world.

Source: John Irish, “Customs group to fight $200 bln bogus drug industry,” Reuters, June 10, 2010.

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