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The Global Pharma Track and Trace Solutions Market has witnessed continuous growth in the past few years and is projected to grow even further during
Companies lose millions due to spoilage; improved tracking methods increase end-to-end visibility and mitigate loss. Jan 22nd, 2021 Companies in the life sciences industry need a granular view of the flow of products traveling through the supply chain, from the initial supplier to the patient. Cloudleaf–a provider of supply chain improvement systems–partnered with Sapio Research–a market research agency–to survey 210 U.S. supply chain decision makers in the pharmaceutical and food & beverage industries over a month’s span. The report is meant to highlight critical blind spots in...
Serialization 101 Fraud is a serious issue for drug manufacturing, and pharmaceutical and medical device regulations using serialization have been mandated to defend against counterfeiting. Jan 13th, 2021 In the realm of pharmaceuticals, there are some concerning statistics according to the Pharmaceutical Research and Manufacturers of America. One in ten medicines worldwide are presumed to be counterfeit, and 95% of internet drug outlets have been found to be out of compliance with federal and state pharmacy laws & practice standards. During one week alone in March of 2020, over 48,000 packag...