"Unregistered Covid Drugs May Not Be Safe, Effective"
"); jQuery("#212 h3").html("

"); });
2023-01-15 HKT 18:42
Customs officers on Sunday warned people considering buying Covid-19 drugs that aren't registered with the authorities that they're in danger of spending cash on medication that may not work and could even be unsafe.
The comments follow the seizure of about 380 boxes of suspected contraband Covid medication in the past four days.
"We found no Hong Kong registration number in this batch of Covid oral drugs, so we believe these are unregistered pharmaceutical products," said Inspector Hong Yan from the Syndicate Crimes Investigation Bureau. "Therefore, the related drugs' efficacy, safety, and quality are questionable."
"Members of the public should not buy pharmaceutical products from unknown sources," Hong said.
He also called on buyers to check the five-digit HK registration number on the packaging of pharmaceutical products.
The suspect drugs, with a total estimated market value of about HK$500,000, were seized at Hong Kong International Airport and in a Tin Shui Wai flat.
A 34-year-old woman and a 40-year-old man have been arrested in connection with the case and released on bail. They're suspected of importing pharmaceutical products without a licence and of possessing poisons.
XTransfer Partners With Bank SinoPac HK To Expand Cross-Border Payment Services
XTransfer has entered into a collaboration with Bank SinoPac, through its Hong Kong Branch, to expand international ope... Read more
Standard Chartered To Launch Bitcoin And Ethereum Custody Services By 2026
Standard Chartered Bank (Hong Kong) participated in Hong Kong Fintech Week 2025 (HKFTW25) as a strategic partner, annou... Read more
HashKey And Kraken Form Partnership On Institutional Tokenised Assets
HashKey and Kraken have announced a strategic partnership to promote institutional adoption of tokenised assets. The co... Read more
Reap Expands Global HQ With New Office In Hong Kong
Reap, a global fintech company providing stablecoin-enabled financial infrastructure, has expanded its global headquart... Read more
HeyMax Debuts In Hong Kong, Partnering With Cathay To Drive Regional Growth
Loyalty and travel rewards platform HeyMax has made its first international launch in Hong Kong, partnering with Cath... Read more
