Counterfeit Drugs Market Value: $40 Billion

Posted on May 10, 2008
Filed Under Contraband Index, counterfeit and piracy |

Counterfeit Pharmaceutical Drugs are sold as legitimate brand name medicines but have been created without the authority of the brand owner.

Sales of counterfeit drugs are estimated at $40 billion a year.

Source: Katie Merx, “Can you tell which pills are fake?,” Detroit Free Press, July 26, 2006, and Judy Alta, “Counterfeit Drugs Seen as Growing Problem,” The United States Mission to the European Union, November 16, 2006, (accessed: January 8, 2007).

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