Don’t Let Counterfeit Goods Ruin Your Holidays: Here are 6 Tips to Shop Wisely
To prevent being deceived, consumers should be cautious. Learn how to purchase wisely this Christmas season with these five tips.
To prevent being deceived, consumers should be cautious. Learn how to purchase wisely this Christmas season with these five tips.
Companies use smart tags to perform blockchain provenance identification, which identify a product’s place of manufacturing, track its position, and assign other important information to it at each stage of the supply chain.
In the midst of the COVID-19 pandemic, it’s more critical to address the counterfeit drug problem so that patients don’t lose faith in the benefits of pharmaceuticals and stop taking their medications.
When counterfeit drugs infiltrate the supply chain, only criminals benefit. Companies invest a lot of money and effort fighting counterfeit drugs, which may result in increased consumer costs. Moreover, the catastrophic effects of consuming counterfeit medicine are widely recognized as a threat to the integrity of public health systems worldwide, as well as a hazard …
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 …
Blockchain: A Viable Anti-Counterfeit Solution in the Pharmaceutical Supply Chain Read More »
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 …
Serialization: Protecting Against Falsified Products Read More »
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 …
Blockchain: Anti-Counterfeit Technology in Pharmaceutical Industry Read More »
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 …
Combating Counterfeit Drugs and other Pharmaceutical Products Read More »
The problem about counterfeit drugs is becoming more prevalent in the United States, with counterfeit drugs being imported from all over the world. Counterfeit medications do not only deprive customers of money by requiring them to pay for goods of little to no medical value, but they may also result in untreated health issues and …
The Health and Economic Threats of Counterfeit Drugs Read More »