Close Menu
    What's Hot

    NCR Plc: Uncertainties Cloud Earnings Outlook

    November 26, 2025

    Pound Firmer Against Dollar, Euro Amidst UK Budget Leak 

    November 26, 2025

    ECA Strengthens Kenya’s Capacity to curb Profit Shifting

    November 26, 2025
    Facebook X (Twitter) Instagram
    • Home
    • About us
    Facebook X (Twitter) Instagram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, November 27
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - Uncategorized - TRACIT warns about fake, falsified, substandard medical products and medicines
    Uncategorized

    TRACIT warns about fake, falsified, substandard medical products and medicines

    Marketforces AfricaBy Marketforces AfricaApril 7, 2020No Comments4 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    COVID 1
    Share
    Facebook Twitter Pinterest Email Copy Link

    TRACIT warns about fake, falsified, substandard medical products and medicines

    Coronavirus pandemic has increased numbers of profiteers and criminals across the continents, as such consumers are warned to be extra careful at the moment.

    In a recent statement, the Transnational Alliance to Combat Illicit Trade (TRACIT) issued a warning telling consumers about the risks and growing availability of fake, falsified and substandard medical and healthcare products and medicines.

    The organization, known for mitigating illicit trade across industry sectors worldwide, reports a surge in ineffective, fraudulent products that undermine public health and efforts to stem the COVID-19 pandemic.

    “Emergency response measures to protect people from the COVID-19 virus must include the urgent need to protect them from fake, falsified and substandard medical products and medicines,” said TRACIT Director-General Jeffrey Hardy.

    Someone wearing a falsified or substandard surgical face mask is not only at risk of exposure, but it creates a false sense of security that can actually accelerate the spread to others, Hardy added.

    TRACIT said worldwide reports indicate a surge in the availability and type of fraudulent medical products intended to exploit the fears of consumers.

    This includes illicit offerings of falsified versions of treatments such as Hydroxychloroquine and Azithromycin that will harm or kill already vulnerable patients.

    The organisation stated that joint operations by the World Customs Organization, Europol and Interpol have resulted in a significant increase in seizures of counterfeit and unauthorized face masks and hand sanitizers.

    “Expectations are that the availability of fakes and fraudulent products on the Internet will increase dramatically, especially with the closure of retail stores and the imposition of population distancing strategies,” said Hardy.

    He said people must be especially careful with their social media, where outright fraud and advertising of fakes is already a major problem.

    In its statement, TRACIT’s product warning list includes fake, falsified and substandard medical products such as surgical masks, hydro-alcoholic gels, testing kits and thermometers.

    Also listed for increased vigilance are high demand healthcare and consumer products prone to counterfeiting, including cleaning solutions, toilet paper, anti-bacterial wipes, indoor sports equipment, refrigeration appliances, food products and reading materials.

    TRACIT called for immediate action by governments, law enforcement, Internet platforms and brand owners

    It asked Governments to prioritize the response to fraud among COVID-19 emergency measures, allocate resources to blocking distribution of fakes.

    It asked Government to warn consumers about the risks of fake and fraudulent products, especially online sales, and impose immediate sanctions on the manufacture and sale of fraudulent COVID-19 related products.

    “Law enforcement to clamp down on violators, increase vigilance for stolen, tampered and expired medical products and medicines.

    “Establish a coordinated national strategy to share intelligence, best practices and cooperate on cross-border investigations”, TRACIT highlighted.

    On the side of internet ecommerce platforms, TRACIT asked operators to amplify policing and takedown of online sales of counterfeit and fraudulent COVID-19 related products.

    In addition, the organisation wants Brand owners to increase security of supply chains for genuine COVID-19 related medical products and medicines, share data with law enforcement where supply chains have been compromised and raise awareness about online shopping fraud.

    In the longer run, TRACIT expressed concern that the COVID-19 Pandemic underscores the urgent need for a strong international policy framework to combat the illicit trade of fake, falsified and substandard medical products and medicines.

    “Once we get past this crisis, we’ll need to double our efforts to prevent counterfeiting and falsification of medical products and medicines,” said Hardy.

    He said this must start with stronger provisions for preventing the availability of illicit products online and stronger measures to keep illicit pharmaceuticals out of the physical supply chain, including postal and express carrier infrastructures.”

    TRACIT warns about fake, falsified, substandard medical products and medicines

    Director-General Jeffrey Hardy Hydroxychloroquine and Azithromycin Transnational Alliance to Combat Illicit Trade
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Related Posts

    Financial Market

    Nigerian Bonds Rally Ahead of Debt Office Reopen Offers

    November 24, 2025
    Uncategorized

    Kenyan Private Sector Sees Significant Expansion in Oct.– PMI

    November 9, 2025
    News

    Senate Passes 2nd Reading of Electric Vehicles Transition Bill

    November 5, 2025
    News

    Sub-Saharan African Banks Facing Higher Paid-In Capital Requirements

    November 5, 2025
    News

    Nigeria, Ghana Explore Partnership to Fight Illicit Trade

    November 4, 2025
    News

    Tinubu Obtains Approval to Raise $2.35bn External Loan

    October 29, 2025
    Add A Comment

    Comments are closed.

    Editors Picks

    NCR Plc: Uncertainties Cloud Earnings Outlook

    November 26, 2025

    Pound Firmer Against Dollar, Euro Amidst UK Budget Leak 

    November 26, 2025

    ECA Strengthens Kenya’s Capacity to curb Profit Shifting

    November 26, 2025

    Lagos to Unveil Greenhouse Gas Registry Q1, 2026

    November 26, 2025
    Latest Posts

    Nigerian Bonds Rally Ahead of Debt Office Reopen Offers

    November 24, 2025

    Kenyan Private Sector Sees Significant Expansion in Oct.– PMI

    November 9, 2025

    Senate Passes 2nd Reading of Electric Vehicles Transition Bill

    November 5, 2025

    Sub-Saharan African Banks Facing Higher Paid-In Capital Requirements

    November 5, 2025

    Nigeria, Ghana Explore Partnership to Fight Illicit Trade

    November 4, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    NCR Plc: Uncertainties Cloud Earnings Outlook

    November 26, 2025

    Pound Firmer Against Dollar, Euro Amidst UK Budget Leak 

    November 26, 2025

    ECA Strengthens Kenya’s Capacity to curb Profit Shifting

    November 26, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.