
Egyptian startup Asly fights counterfeit vaccines to save lives and money
When Tamer Ahmed was a child, his three year-old sister died because she had been given a counterfeit vaccine. Years later, still reeling from the loss, he and his partners Mohamed Hal and Mohamed Al Mughni, launched Asly from Egypt in an attempt to ameliorate this region-wide problem. The startup Asly wants to “offer a radical solution to the problem of fake products, and make the MENA region the [safest] shopping place in the world.” This goal, without any doubt, is very ambitious, especially given the statistics. Ahmed tells me that around 50% of pharmaceuticals in the Arab world are fake; 40% in Saudi Arabia, more than 50% in Egypt, and between 20 and 25% in the UAE. These frauds not only lead to needless deaths, especially in the case of fake malaria pharmaceuticals, but they also cause financial losses for pharmaceutical companies
http://www.wamda.com/2014/03/could-a-mobile-service-offer-a-solution-to-counterfeit
Related Posts
Philip Morris targets illegal tobacco trade
Manufacturer trialling education programme for independents as survey shows the...
Operation Thunder 2020: India Customs intercepts 18 tonnes red sandalwood
The India Customs intercepted an 18-tonne shipment of red sandalwood destined for...
DRI seizes 11 kg gold worth over Rs 5 crore, foils smuggling attempt
The Directorate of Revenue Intelligence (DRI) has successfully foiled attempts of...
Combating counterfeiters could soon be as easy as breathing
Researchers at the University of Michigan have developed an iridescent material...



