
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
Chennai: Gold worth Rs 1.54 crore seized from juicer, cooker, emergency light.
The Air Intelligence Unit of the Customs seized nearly 4kg of gold, valued at Rs...
Foreign cigarettes seized at Hyderabad airport
HYDERABAD: The Customs officials nabbed an air passenger from Dubai for smuggling...
Iran’s lawmakers criticize custom services over smuggling goods, arms
An Iranian lawmaker has said that some people smuggle arms and alcoholic...
Toyota drags retailers to court for allegedly selling fake airbag accessories
Toyota Australia on Monday initiated legal proceedings against them for allegedly...