counterfeit drugs are killing bottle manufacturers

by:Petolar     2020-08-18
Patients and pharmaceutical companies are not the only ones that earn money from drug counterfeiters.
Manufacturers of glass containers are also suffering.
Patients and pharmaceutical companies are not the only ones that earn money from drug counterfeiters.
The packaging industry, especially the manufacturers of glass containers, is equally painful.
As counterfeiters collect old bottles and other packaging materials to repackage their fake products, these players are suffering huge losses.
Maybe collateral damage.
\"It\'s a big problem for us, we can\'t find a solution, it\'s foolproof and helps the packaging department and the pharmaceutical department check the spread of counterfeit products, arun Kumar, spokesman for the All-India Federation of glass manufacturers, said.
\"The food industry is facing the same problem,\" Kumar said . \".
According to federal data, the value of the glass container industry is about Rs 4,500.
Beer and spirits accounted for about 55%, and food and beverage and drugs accounted for 15%;
The rest consists of cosmetics, perfumes and export products.
\"Some industries such as soft drinks and beer allow bottles to be reused.
However, the loss in the pharmaceutical industry is greater due to the fact that bottles cannot be reused.
All used empty bottles should be recycled.
\"Repeated use is only carried out in the facilities of the manufacturers of fake drugs,\" Reuse said . \".
\"Empty glass bottles are either picked up by kabadis or by someone who picks up a rag.
Then wash under unsanitary conditions.
\"Unscrupulous merchants use empty glass bottles of well-known brands to sell their inferior products,\" he explained . \".
The glass container industry is expected to take 8-10% per annum.
Counterfeit products, however, are consuming about 15% of their income.
\"For us, the impact was great because we also invested in making molds for bottles for our customers,\" Kumar said . \".
According to him, Hindustan National Glass is India\'s leading manufacturer of Glass containers with a market share of about 50%, followed by Piramal Glass (15%), Desheng Allianz Glasspac (10%)Haldyn glass (5%), Excel Glass (5%)
Universal glass (4%)and others (11%).
According to data compiled by the Federation, the government\'s current loss of consumption tax and sales tax revenue due to counterfeit medicines exceeds the total revenue obtained from the entire glass container manufacturing industry.
To check the reuse of glass bottles by people who make fake products, the industry is now working on a strategy to build a traceability system on glass bottles.
\"At the moment, we have designed a system.
These bottles will have Roman figures and the quarter of the year of manufacture.
Consumers should look at the bottom of the bottle before buying the product.
If IV and 09 are written on the bottle, this means that the bottle was made in 2009.
\"If a product is packed in this bottle and sold for 2011, it should raise some doubts about the product,\" explains Kumar . \".
It is not said that this will completely eliminate counterfeits, but at least a system will be set up.
\"We will develop a major strategy for the long term to combat counterfeit products,\" Kumar said . \".
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