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Benefits of blockchain in limiting counterfeit drug distribution

European Pharmaceutical Review

Benefits of blockchain technology in the pharma supply chain Blockchain technology can address these issues in the pharmaceutical supply chain by providing timely data and increase shared data’s authenticity, integrity , and invariability. This can reduce the willingness for counterfeit and less accurate data, according to the review.

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FDA slammed over Aduhelm OK as Biogen takes heat for $56k price tag

pharmaphorum

The FDA “has failed in its responsibility to protect patients and families from unproven treatments with known harms” in approving Biogen’s Alzheimer’s disease drug Aduhelm. Though good luck taking the drug off the market if future data doesn't support the its efficacy.

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Apellis set to take on Alexion as FDA clears PNH drug Empaveli

pharmaphorum

C5 inhibitor Soliris – which has a list price in the US of more than $500,000 per year – has been a standard therapy for the rare disorder since 2007, and was joined on the market by longer-acting follow-up Ultomiris in 2018 which launched with a price tag of around $450,000 per year. billion and $1.1

FDA 52
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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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Roctavian okay sets up another gene therapy test for Europe

pharmaphorum

It’s a major step forward for BioMarin after its first attempt to secure approval for Roctavian in the US was knocked back, with the FDA rejecting its application in 2020 with a request for more data on the durability of its effects. BioMarin has said Roctavian will be available at a ‘net’ price of around €1.5

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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. Data analytics There is a reason data is called the new gold.

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Sanofi offers refunds for Cablivi in novel model for rebates

Pharmaceutical Technology

Over the last few years, as price tags for drugs have continuously increased, the popularity of risk sharing agreements has been increasing at a rate of 24% annual average growth. Furthermore, he said extracting data to validate the criteria for a warranty reimbursement could be an onerous process.