Remove tag blockchain
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Benefits of blockchain in limiting counterfeit drug distribution

European Pharmaceutical Review

A review by Swedish researchers has identified the benefits of smart contracts on blockchain platforms in the pharmaceutical supply chain and its role in combating counterfeit drugs. Blockchain offers the possibility of non-modifiable data uploading with traceability and low-cost data storage. In conclusion, Kordestani et al.

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RFID: The future of smart labelling?

Pharmaceutical Technology

The pharmaceutical industry began using radio frequency identification (RFID) tags in the early 2000s. Pfizer was the first to use the tech, adding RFID tags to track a Viagra (sildenafil) shipment circa 2006. Twenty years ago, the cost of implementing RFID tags and the ecosystem (software) was much more expensive than today.

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Pharmaceutical Procurement Strategies Overview

Viseven

We highlight the need for competent personnel, ethical supplier relationships, and robust technology to navigate challenges and adopt strategies for efficient procurement, incorporating innovative technologies like IoT sensors, blockchain, and data analytics. What is Procurement in the Pharmaceutical Industry?

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8 Biggest Trends in Healthcare Marketing in 2023

Viseven

Next-gen connectivity Pharma and life sciences businesses have successfully implemented such modern technologies as blockchain. Blockchain could be used to trace the drug’s transportation, its origin, and the procurement of raw materials.

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A roadmap for adopting New Science 

pharmaphorum

The adoption of New Science – a unique combination of the best in science and health technology that address significant unmet patient needs – is delivering more precise and effective treatments, but often at a higher price tag, according to new research.