StockGuru’s CAAH UP OVER SEVEN PERCENT TODAY
What a great day for China America Holdings. This company has three divisions — each of which could stand alone but together they make a dynamic team addressing three distinct industries.
StockGuru Profile – IDGlobal – Blogs and Alerts – News and Quotes
Counterfeiting Is BIG Business
I think finding a target rich area for sales is crucial for any company. IDGJ has been able to do just that.
NewsRX.com is reporting that IDGLOBAL and its partner ATL Pharma Security Label Systems(TM) ( www.atlco.com ), a division of Ad Tape & Label Co, have confirmed their joint participation at INTERPHEX 2008, March 26-28 in Philadelphia, PA.
This is a huge trade show and event with a cross-section of the pharmaceutical and biopharmaceutical industries. The INTERPHEX trade show marks one of many joint efforts in delivering and displaying IDGLOBAL’s anti-counterfeiting solutions for the life sciences market.
INTERPHEX is partnering with BIOTECHNICA, the leading biotechnology show in Europe, to feature BIOTECHNICA AMERICA, making INTERPHEX the most comprehensive annual gathering in this sector!
I understand why pharmaceutical companies find containment THEIR responsibility.
IDGJ delivers to manufacturers the ability to manage counterfeiting themselves without reliance upon governments. The spread of counterfeit drugs could generate a loss of credibility in genuine medicines, damage corporate profits and cause distrust in the medical industry.
In some cases the fake drugs are better packaged than the real drugs.
I continue to be amazed at the extent of counterfeiting. Obviously, pharmaceuticals are a crucial target. Drugs with insufficient amounts of effective ingredients could change a person’s symptoms for the worse and those containing impurities could result in death.
Our research department found that recently deaths from a Chinese fake cough syrup containing a substance used in vehicle antifreeze killed dozens in South America. The latest statistics from the World Health Organization indicate that sales of fake drugs in developing countries amount to anywhere from 10 percent to 30 percent of the total.
All Africa reports that in Nigeria drug counterfeiting are preferred by some criminals to gun running because the penalty was mild for drug counterfeiting.
I can understand why IDGJ continues to have a strong chart. The demand for their product is absolutely overwhelming, particularly when you realize there is virtually no sector that is immune.
Recently, Mattel’s Elmo Doll was counterfeited — and the counterfeit version was more expensive than the original.
Sources: All Africa, Reuters, IDGJ, The Record, AP
IDGLOBAL Corporation
1925 Kirschner Road Kelowna
BC Canada V1Y 4N7
Phone: (250) 862-8933 Toll Free: (866) 922-4345
Fax: (250) 862-8322 Email: ir@idglobalcorp.com
About IDGJ: Business Description: IDGLOBAL manufactures and sells proprietary security products for Anti-Counterfeiting and Loss Prevention markets. IDGLOBAL has established a multi-year track record aiding in the protection of corporate assets such as tools, raw materials, inventory, computers, works of art, sports memorabilia and brand name goods for major companies across North America.
