Sharp Daily
No Result
View All Result
Friday, August 8, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Healthcare

PPB and ACA sign MoU to combat counterfeit medicine

Brenda Murungi by Brenda Murungi
January 17, 2024
in Healthcare, News
Reading Time: 2 mins read

The Anti-Counterfeit Authority (ACA) and the Pharmacy and Poisons Board (PPB) have entered into a Memorandum of Understanding (MoU) amid an escalating threat to public safety from the increasing influx of counterfeit pharmaceutical products.

ACA identifies emergency contraception, malaria drugs, and beauty products as the most frequently counterfeited items in the country. The Authority acknowledges that illicit trade in Kenya exceeded KES 1 trillion by 2023, with counterfeit trade contributing between KES 80 billion and KES 100 billion to this total.

The MoU aims to strengthen oversight and enforce the rights of health product and technology owners. Its primary focus is preventing the distribution of counterfeit health products within Kenya’s borders.

The agreement establishes a comprehensive framework that includes elements such as information exchange, collaborative investigations, capacity building, research, regulatory alignment, and consistent communication among the involved agencies.

RELATEDPOSTS

Deadly human-wildlife conflict in Nairobi and Nyeri

April 22, 2025

Pharmacy board clears Mefenamic Acid suspension for market distribution

March 18, 2025

Counterfeit product prevalence in Kenya is largely attributed to porous borders, with 80 percent of fake goods entering from neighboring countries. The Pharmacy and Poisons Board (PPB) notes that its ability to control the influx of counterfeit pharmaceutical products is hindered by insufficient resources.

PPB CEO Dr. Fred Siyoi highlights challenges posed by advancements in technology, such as AI and social media platforms like TikTok, where unauthorized advertisements for medicine may proliferate beyond regulatory control. He emphasizes the difficulty in managing platforms like TikTok and other emerging channels due to limited resources.

Dr. Njoroge underscores the importance of recording intellectual property rights and collaborating with various government agencies to combat the growing menace of counterfeit trade in the country.

Previous Post

NIBS founder Lizzie Wanyoike set to be buried next Tuesday

Next Post

Heri Holdings acquires Nova Academies’ property arm with regulator’s nod

Brenda Murungi

Brenda Murungi

Related Posts

Analysis

Kenya’s Interest Rate Cut: A Turning Point for Growth

July 31, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Analysis

Kenya’s CIS market: Q1′ 2025 shows a surge, setting the stage for future expansion.

June 26, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025

LATEST STORIES

Segregated Pension Schemes in Kenya Q2’2025 Performance

August 8, 2025
Asset allocation dividing an investment portfolio among different asset categories.

Building a Retirement Portfolio in Kenya

August 8, 2025

Steps banks can take to align with fair lending practices

August 7, 2025

The hidden cost of outdated economic statistics

August 7, 2025

EABL posts 12.2% profit surge, strengthens regional footprint despite rising illicit trade

August 1, 2025
1049795356

Maximizing Your Pension Contributions

August 1, 2025

The functional role of narrative in financial markets

August 1, 2025

Tanzania’s protectionist shift and what it means for Kenyan entrepreneurs and regional trade

July 31, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024