Life Sciences & Healthcare

We help the life sciences & healthcare industry to defend against counterfeiting.

Counterfeiting is constantly tarnishing the reputations and profits of companies in the life sciences & healthcare industries, with fraudsters misleading and deceiving up to one-third of the market. Counterfeiters have exploited the growing trend of consumers buying medicines online, as well as the increasing demand for prescription-only drugs. Counterfeiters now target life-saving medicines that are in high demand. Since counterfeits can result in treatment failure or even death, it is essential for pharmaceutical companies to take immediate action to protect their brand assets from irreparable and devastating damage.

Prescription drugs make up the majority of the counterfeit goods market, worth more than $200 billion annually, and up to 30 per cent of pharmaceutical drugs in circulation around the world are counterfeit.

The alarming figure, however, is that up to one million people die annually from counterfeit pharmaceuticals. The cost to the healthcare system is in the billions for hospitalizations as a consequence of using counterfeit medicines.

In recent years, IFW Global has identified and shut down hundreds of illegal online pharmacies. These counterfeiters hide their physical address; however, through innovative technologies and close relationships with foreign law enforcement agencies, IFW Global has been able to locate production factories and conduct on-the-ground raids to stop operations, seize assets and obtain evidence that is used in a court of law when seeking damages. This on-the-ground capability goes beyond disruption and whack-a-mole techniques used by other providers and often leads to a positive financial return on investment for multinational clients.

IFW services for Life Sciences & Healthcare include:
Private Intelligence Agency: Investigation & Surveillance | Cyber Investigations | Corporate Espionage | Intelligence Reports | Counterfeit Investigations

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Contact us

AUSTRALIALevel 32 BT Tower,
1 Market Street,
Sydney NSW 2000
P: +61 2 9275 8725
F: +61 2 9275 8800

PHILIPPINESLevel 40, PBCom Tower,
6795 Ayala Avenue Corner V.A.,
Rufino Street, Makati City,
Manila 1226
P: +63 (2) 8789 9127

HONG KONGUnit 503, 5/F Silvercord
Tower 2,
30 Canton Road,
Tsimshatsui, Kowloon

UNITED KINGDOM50 Liverpool Street
London, EC2M 7PR
P: +44 (0)20 7206 2702
F: +44 (0)20 7256 4050

USASuite 1550
701 Brickell Avenue
Miami, FL 33131
P: (833) 202 7333