
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
Tobacco gangs using truck drivers’ cabs to smuggle cash
Tobacco smuggling gangs are hiding plastic bags stuffed with hundreds of...
Police Seize 5,000 Pieces of Counterfeit Products.
The Directorate of Interpol and International Relations has in a joint operation...
Rare Wine Dealer Sentenced in Counterfeiting Scheme
“The same old wine in a brand new bottle” is a phrase that aptly describes how...
Delhi Customs seizes over 7 lakh sticks of foreign origin cigarettes worth Rs 1 cr
New Delhi , June 18 (ANI): Delhi Customs has seized a total of 7,10,000 sticks of...