Ukrainian Counterfeiter Imprisoned

19 08 2013

Back in May 2013, the State Service of Ukraine on Medicinal Products has stopped the operation of Kaskad-Medical Trade House LLC, which is an exclusive representative of Germany’s Heel pharmaceutical company. They stopped the operation for allegedly trading in counterfeit medicine. An unscheduled inspection by the SAUMP of Cascade Medical’s premises in Kiev found 3.9m packages of counterfeit and unlicensed worth around 300m Ukrainian Hryvna (around $37m).

In July 2013, the executive director was sentenced to four years in prison. Counterfeit medicines, raw materials and equipment for their production, according to the State Administration of Ukraine on Medicinal Products (SAUMP) was confiscated.

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