FDA, Interpol Shut Down 18K Illegal Pharmacy Sites

Law360, New York (October 4, 2012, 2:57 PM EDT) -- The U.S. Food and Drug Administration announced Thursday that an international crackdown on illegal online pharmacies has resulted in the seizure of $10.5 million worth of prescription drugs including knockoff Tamiflu and Viagra, the shutdown of more than 18,000 pharmacy websites and dozens of arrests.

The FDA worked with international regulators and law enforcement agencies from 100 countries in Operation Pangea V. In one week, the operation took action against more than 4,000 online pharmacies. Seventy-nine people were arrested or are under investigation, according to Interpol....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.