Over forty delegates of the World Intellectual Property Organization (WIPO) have gathered early in the morning to discuss the pressing issue of Using Counterfeit Pharmaceutical in Developing Nations. Through many discussions of various solutions, from increasing national security to education on the counterfeits, the committee has discussed the most on raising awareness of these illegitimate drugs in developing nations. Many delegates have agreed on sending Non-Government Organizations (NGO) to these developing nations to educate the citizens on the black market drugs.
During a private discussion, two groups of delegates gathered and one group focused on producing a distinguishable packaging that could not be counterfeited, in the same way money is distinguished.
Keeping in mind that this would cause more money to be spent, these delegates have suggested IMF to fund or lend money to developing nations in order for them to have the same safety precautions as that of the developed nations.
The other group focused on providing solutions and allowing the government of each country to decide which is best suited for them. These solutions ranged from using social media to raise awareness to harsher consequences for people caught manufacturing them.
Operation Pangaea (VII), an operation involving 113 nations to seize counterfeit drugs run by INTERPOL, is required to stop these illegitimate drugs from crossing boarders and being traded in the black markets.
The delegate of the United Kingdom brought up this viable option, but other delegates have yet to address this commendable solution.
Addressing the intellectual property side of the topic, the people who counterfeit these drugs are essentially infringing the copyright of the company that produces the actual drugs. Thus delegates have suggested that the people who produce counterfeits to apply for a license, which would allow them to produce a version of the drug and some of the revenue would go to the actual company who produces it.
Resolutions are coming along, and the delegates have made significant progress
During a private discussion, two groups of delegates gathered and one group focused on producing a distinguishable packaging that could not be counterfeited, in the same way money is distinguished.
Keeping in mind that this would cause more money to be spent, these delegates have suggested IMF to fund or lend money to developing nations in order for them to have the same safety precautions as that of the developed nations.
The other group focused on providing solutions and allowing the government of each country to decide which is best suited for them. These solutions ranged from using social media to raise awareness to harsher consequences for people caught manufacturing them.
Operation Pangaea (VII), an operation involving 113 nations to seize counterfeit drugs run by INTERPOL, is required to stop these illegitimate drugs from crossing boarders and being traded in the black markets.
The delegate of the United Kingdom brought up this viable option, but other delegates have yet to address this commendable solution.
Addressing the intellectual property side of the topic, the people who counterfeit these drugs are essentially infringing the copyright of the company that produces the actual drugs. Thus delegates have suggested that the people who produce counterfeits to apply for a license, which would allow them to produce a version of the drug and some of the revenue would go to the actual company who produces it.
Resolutions are coming along, and the delegates have made significant progress