Odisha STF arrests pharmaceutical company chief Medilloyd for trade in fake Covid-19 drugs

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Cutoff: The Odisha Criminal Branch Special Task Force (STF) on Thursday arrested the managing director of Medilloyd Medicament Private Limited headquartered in the town of Cuttack for dealing in fake Covid-19 drugs.

The main defendant was brought before a local court later in the day.

Following a new investigation into the STF PS case (n ° 22/2021, U / S 275/276/420/467/468/471/120-B of the IPC r / w 27-C Drugs and Cosmetic Act , 1940) the man was arrested, an STF official said.

According to the official source, a case was recorded earlier on the basis of an FIR filed by drug inspectors in the town of Cuttack. It was alleged in the FIR that the businessman had traded in fake drugs, in particular drugs used in the treatment of Covid-19 such as Favimax-200 and Favimax-400 (Favipiravir).

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During a detailed investigation, it emerged that Max Relief Health Care is a dubious drug manufacturing company claiming to manufacture drugs in the Solan region of Himachal Pradesh. The dubious company was run by two different people, both of whom were arrested by Mumbai police earlier this month, an STF official added.

Investigations so far by STF in Odisha have revealed that Medilloyd Medicament Private Limited conspired to procure Favimax tablets from Max Relief Health Care at a very low price (Rs 65 / – per strip of 10 tablets) and had planned to sell them at an exorbitant price. price (Rs 1290 / – per strip of 10 tablets), the manager informed.

In particular, the STF had arrested Thursday three people accused in connection with this case. With this, the total number of people arrested in Odisha has so far reached four. In addition, the STF located and froze more than Rs 50 lakh in the bank accounts of the accused and Medilloyd Medicament Private Limited.

Further investigation in this regard is underway by several STF teams in Odisha, Maharashtra and West Bengal.

PNN


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