Free Newsletter
Teva Truck: Top 10 Pharma Cargo Thefts
Teva Truck
Date: April 16, 2009
Time: 11:00 PM
Location: New Jersey
Value: $11.8 million
Drugs Stolen: Multiple sclerosis treatment Copaxone
The lone truck driver delivered the trailer to an unsecured lot at approximately 4:00 PM that day. Surveillance footage shows the trailer being removed from the lot at approximately 11:00 PM. The driver discovered the trailer missing the following morning at 5:30 AM.
The consequences of a theft reverberate far beyond the contents of one tractor-trailer. Many shipments are at least partially recovered, but this offers little relief for the victims. As FreightWatch analyst Dan Burges cites in an interview with Newsweek, "Almost exclusively [recovered drugs] are destroyed. And that magnifies the economic impact of pharmaceutical theft--if a pharmaceutical company produces a particular product of a particular lot number, often the FDA requires that they recall and destroy all of that lot number, even from shipments that weren't stolen."
Resolution: The tractor trailer was recovered (empty) on the New Jersey Turnpike four days later. The shipment contents were recovered, intact, on June 10 in a non-temperature controlled sea container.
Paid Research Reports
- Cloud Computing Adoption In The APAC Life Sciences Industry
- Pharmaceutical Licensing Overview
- Stakeholder Opinions: Vaccines in emerging markets (Latin America) - Opportunities in Brazil, Mexico and Argentina
- Pharmaceutical Key Trends 2010
- Commercial Insight: Top 20 Oncology Therapy Brands in Australia
- The Specialty Pharma Market Outlook: Key players, new company growth models and emerging opportunities

SHARE
WITH: