The Special Task Force (STF) of Odisha Crime Branch on Wednesday arrested three persons in connection with the alleged fake medicine racket that busted in the State earlier this month.
Cuttack, Jun 23: The Special Task Force (STF) of Odisha Crime Branch on Wednesday arrested three persons in connection with the alleged fake medicine racket that busted in the State earlier this month.
Briefing the media, Additional Director General, Law and Order Yashwant Jethwa said that a director of Cuttack-based Medilloyd Medicament Private Limited and two key members of the company have been arrested.
The accused persons have been forwarded to court, he added saying that the STF has frozen over Rs 50 lakh in the bank accounts of these three arrested persons and the company.
The firm had conspired to procure anti-Covid drug Favimax tablets from Max Relief Health Care at a very low price i.e Rs 65 per strip of 10 tablets and sell them at whopping price of Rs 1290 per strip, Jethwa said.
The investigation found that that Max Relief Health Care was a dubious drug manufacturing company, claiming to be manufactured drugs in Solan, Himachal Pradesh, he added.
The Crime Branch STF team of Odisha is now in Maharashtra to collect further evidence, he said, adding that two other teams are conducting investigations in Odisha and West Bengal.
Earlier this month, as many as 17,400 Favimax-400 tablets were seized in Cuttack, while 40,600 tablets were sent by the Cuttack wholesaler to Gwalior. Some Favipiravir tablets were found in Balangir.
Spurious medicines were also found in Rourkela, Jharsuguda, Sambalpur and Bhubaneswar — valued around Rs 1 crore —after raids in different places during the first and second week of June.