counterfeit drugs

Man using blockchain technology

Blockchain: Solving the Global Problem of Counterfeit Drugs

Saving money to purchase medicine in the hope of curing a life-threatening condition, only to discover that the drug purchased was a counterfeit, is too painful. For several years, the number of counterfeit pharmaceuticals that have successfully made their way into reputable pharmacies, then to end-consumers has been steadily increasing. In fact, the World Health …

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Blockchain: A Viable Anti-Counterfeit Solution in the Pharmaceutical Supply Chain

Throughout the supply chain’s life cycle, pharmaceuticals or pharma goods are transmitted through several units, from the manufacturer to the intermediate stakeholders, such as distributors, logistics, pharmacies, and hospitals and to the consumers or the end-users. The manufacturer is required to produce pharmaceutical products in compliance with the set standards and ensure that these products …

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Serialization: Protecting Against Falsified Products

Counterfeit and falsified pharmaceuticals are a global public health threat in the pharmaceutical industry. These medications may not only be ineffective, but also harmful—  producing negative side effects or even death. Furthermore, these counterfeit pharmaceuticals may be made in different countries — for example, chemical synthesis in one, filler addition in another, and packaging in a …

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blockchain concept in pharmaceuticals

Blockchain: Anti-Counterfeit Technology in Pharmaceutical Industry

The proliferation of counterfeit drug trade has been fueled by the growth of international free trade and a lack of drug regulation. Technological protection is considered to be the most effective way to avoid this problem. A medical product is counterfeit when there is a false representation in relation to its identity or source. This …

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Different Medicines in a Bag

Combating Counterfeit Drugs and other Pharmaceutical Products

The prevalence of counterfeit goods in global commerce is not a new phenomenon, but the urgency to address this issue has increased dramatically in recent years. As the United States healthcare system scrambled to respond to the COVID-19 pandemic and economic growth stalled, the impact of the commercial and physical harm that imported counterfeit goods …

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