Business Medical Dialogues
    • facebook
    • twitter
    Login Register
    • facebook
    • twitter
    Login Register
    • Medical Dialogues
    • Speciality Dialogues
    • Education Dialogues
    • Medical Jobs
    • Medical Matrimony
    • MD Brand Connect
    Business Medical Dialogues
    • News
        • Financial Results
        • Hospitals & Diagnostics
        • IT / Health Venture
        • Implants / Devices
        • Insurance
        • Key Movement
        • Pharmaceuticals
        • Policy
        • Technology
        • pharma-news
    • blog
    LoginRegister
    Business Medical Dialogues
    LoginRegister
    • Home
    • News
      • Financial Results
      • Hospitals & Diagnostics
      • IT / Health Venture
      • Implants / Devices
      • Insurance
      • Key Movement
      • Pharmaceuticals
      • Policy
      • Technology
      • pharma-news
    • blog
    • Home
    • Latest News
    • US impose sanctions on...

    US impose sanctions on network of online pharmacies for opioids

    Medical Dialogues BureauWritten by Medical Dialogues Bureau Published On 2019-05-25T09:15:32+05:30  |  Updated On 13 Aug 2021 4:33 PM IST
    The move was the latest effort by the Trump Administration to tackle the U.S. epidemic of abuse and overdoses linked to prescription painkillers and other opioids like heroin.

    WASHINGTON: The U.S. Treasury Department on Thursday placed sanctions on Goldpharma, an Argentina-based network of online pharmacies that it said contributed to the opioid crisis by selling clandestinely produced narcotics to customers in the United States.

    The Treasury's Office of Foreign Assets Control also designated eight Argentine nationals and nine entities located in Argentina, Colombia, Canada, Britain and the Netherlands for their roles in Goldpharma, the agency said in a statement.

    Read Also: Trump to keep fighting opioids 'until our job is done'

    "The Goldpharma network illustrates the sophisticated tactics drug traffickers and money launderers use to capitalize on the Internet and online pharmacy sites to sell highly addictive illicit narcotics around the world," said Sigal Mandelker, Treasury undersecretary for terrorism and financial intelligence.

    Goldpharma websites sell both legitimate and clandestinely produced narcotics, including oxycodone, hydrocodone, and tramadol, without a prescription, the statement said. They sell the vast majority of their illicit opioids to customers in the United States, it said.

    The move was the latest effort by the Trump Administration to tackle the U.S. epidemic of abuse and overdoses linked to prescription painkillers and other opioids like heroin.

    Read Also: USFDA takes action to combat illegal online sale of opioids including Tramadol

    Opioids were involved in a record 47,600 overdose deaths in 2017 in the United States, according to the U.S. Centers for Disease Control and Prevention.

    Five of the Argentine designated individuals have been indicted in the U.S. District Court for the Eastern District of Wisconsin for their role in Goldpharma, the statement said. Three others were involved in Goldpharma's money laundering activities, it said.

    Seven U.S. companies owned or controlled by designated members of Goldpharma have also been blocked, the statement said.

    Goldpharma was identified as a drug trafficking and money laundering organization under the Foreign Narcotics Kingpin Designation Act, the statement said.

    Read Also: Rochester Drug Cooperative fined $20 million in criminal case against drug distributor over opioids

    Any property of the designated persons in the United States would be blocked and U.S. persons would be prohibited from business dealings with them, it said.
    ArgentinaBritainCanadaColombiaForeign Narcotics Kingpin Designation ActGoldpharmaheroinhydrocodonelaundering activitiesnarcoticsonline pharmaciesOnline Pharmacyopioid crisisopioidsoxycodonepharmacytramadolTrump administrationUnited StatesWASHINGTON
    Source : Reuters

    Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2020 Minerva Medical Treatment Pvt Ltd

    Medical Dialogues Bureau
    Medical Dialogues Bureau

      Medical Dialogues Bureau consists of a team of passionate medical/scientific writers, led by doctors and healthcare researchers.  Our team efforts to bring you updated and timely news about the important happenings of the medical and healthcare sector. Our editorial team can be reached at editorial@medicaldialogues.in. Check out more about our bureau/team here

      Show Full Article
      Next Story
      Similar Posts
      NO DATA FOUND

      Popular Stories

      • Email: info@medicaldialogues.in
      • Phone: 011 - 4372 0751

      Website Last Updated On : 13 Oct 2022 5:14 AM GMT
      Company
      • About Us
      • Contact Us
      • Our Team
      • Reach our Editor
      • Feedback
      • Submit Article
      Ads & Legal
      • Advertise
      • Advertise Policy
      • Terms and Conditions
      • Privacy Policy
      • Editorial Policy
      • Comments Policy
      • Disclamier
      Medical Dialogues is health news portal designed to update medical and healthcare professionals but does not limit/block other interested parties from accessing our general health content. The health content on Medical Dialogues and its subdomains is created and/or edited by our expert team, that includes doctors, healthcare researchers and scientific writers, who review all medical information to keep them in line with the latest evidence-based medical information and accepted health guidelines by established medical organisations of the world.

      Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription.Use of this site is subject to our terms of use, privacy policy, advertisement policy. You can check out disclaimers here. © 2025 Minerva Medical Treatment Pvt Ltd

      © 2025 - Medical Dialogues. All Rights Reserved.
      Powered By: Hocalwire
      X
      We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by continuing to use our site. To know more, see our Cookie Policy and Cookie Settings.Ok