IPI President Tom Giovanetti's address at the 25th Anniversary Celebration.
The Danger of False Profits: The Threat of Counterfeits to Public Health
Counterfeit drugs, medical devices, and other health-related products threaten more than the property rights of legitimate owners and producers, they are also a threat to public health. But counterfeit products can also threaten the public health by finding their way into other, non-medical areas such as the electrical systems of homes and commercial buildings, vehicles and aircraft.
As a the world’s largest consumer market, the United States is an obvious target for counterfeiters, but counterfeits in the international supply chains are a great danger. And because counterfeiting is big business, major organized criminal enterprises are now in the counterfeit business.
Please join the Institute for Policy Innovation (IPI) and the Center for Medicine in the Public Interest (CMPI) for a Capitol Hill briefing on recent developments in the counterfeits problem, and learn what is being done to protect consumers from counterfeit goods, both by industry and by the public sector. Hear directly from U.S. government agencies about their efforts to combat counterfeits, both domestically and internationally. And hear international perspectives on the counterfeit problem during a special interactive session with attendees from the embassy community. You’ll leave with a much better sense of the current state of efforts to combat counterfeits, and of what still remains to be done.