Liz Cameron Times have never been so tough, at least not in our lifetimes. But for businesses in Scotland, it’s not all doom and gloom. For every grim statistic and tragic business failure there are examples of challenges overcome, innovation adopted, not to mention sheer grit and determination shown in the face of adversity. A recent example of this was the virtual trade mission to Ulaanbaatar lead by West Lothian Chamber of Commerce in association with the Honorary Consul of Mongolia for Scotland. It was way over subscribed with more than 100 businesses taking part. It was one of a number of such trade missions that have forged ahead in the past year through Chambers despite travel restrictions, with many more to come.
Dr Bina Modi vs Lalit Kumar Modi & Ors on 24 December, 2020
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.
Wanted: National policy to protect intellectual property
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
Share
Experts have alleged that Nigeria loses an estimated sum of N200 billion annually to counterfeit medicines, a sum that excludes what it loses to substandard drugs, adding that the proliferation of fake and counterfeit medicine has detrimental effects on the economy and on society.
This was part of the submissions by a panel of experts at a media parley on intellectual property (IP) infringement in the pharmaceutical sector organised by the American Business Council and some partners.
According to the panel, a market survey by Pfizer revealed that 40 per cent of Pfizer medicines in Nigeria are sourced from illicit parallel importation (a form of counterfeiting) while a 2011 World Health Organisation study found that about 64 per cent of anti-malarial drugs in Nigeria were fake, adding that the counterfeit and substandard drug distribution network is so expansive that over 50 per cent of drugs, food and drinks sold in open markets are counterfeit.