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Showing posts from April, 2022

medSure - Innovative Blockchain Technology For Healthcare Sector

  medSure is an NFT-based anti-counterfeiting and anti-hoarding solution and a real-time supply chain management system designed to protect a manufacturer's brand image and reputation. medSure is built on top of contemporary blockchain technology and Non-Fungible Tokens, making it nearly hard to tamper with or hack. Its mission is to eradicate counterfeit medicine by removing recalled and fake products from the market and allowing users to receive a valid prescription using a simple scan and check feature. The goal is for the manufacturer to be able to expose counterfeiters and preserve his brand's image and authenticity in the market while simultaneously offering a safe and reliable pharmaceutical experience for the consumer. Supply Chain Management Solution The new algorithm in the supply chain management solution allows for immediate tracking of product movement down the supply chain and unprecedented control over sales and distribution. The manufacturer can retain a real-ti...

Track and Trace Medicine

  The great majority of prescription medicines that patients get are entirely safe. However, given many potential stakeholders in the supply chain and the disparities in regulations and laws that apply to each of them worldwide, there is a significant risk of harmful counterfeit and contaminated medications entering the supply chain. The great majority of prescription medications that patients get are entirely safe. However, given many potential stakeholders in the supply chain and the disparities in regulations and laws that apply to each of them worldwide, there is a significant risk of harmful counterfeit and contaminated medications entering the supply chain. The capacity to identify and track and trace medicine is critical to lowering and eliminating this danger. A product's serialisation is the initial step in a comprehensive Track & Trace programme. Comprehensive Track & Trace programme. A Track & Trace programme employs a product's unique serialised marking...

Scope of Pharma Track and Trace Solution

  Lowering counterfeit medicines is one benefit of incorporating track and trace mechanisms into pharmaceutical supply chains. Pharmaceutical items are tracked and traced across the supply chain from manufacturer to distributor to dispenser using track and trace systems: serialization or assigning a unique serial number to individual items or commercial units. Aids regulators and pharmaceutical companies determine the location of a drug product or retrospectively identify and verify a drug product's path travelled to determine its authenticity. Pharmaceutical serialization and track-and-trace legislation are primarily intended to combat medicine counterfeiting and theft while improving public health and safety. Track and trace systems ensure the pharmaceutical supply chain is as secure as possible by providing information about the origin and locations of certain products. This allows regulatory bodies to govern the safe distribution of drugs by reducing the number of counterfeit m...

Impacts of Fake Medicines

  Every citizen relies on the availability of safe medicines. Fake drug trafficking is a lucrative business growing every year throughout the world. It leads to therapeutic failure, pharmacological resistance, and financial ruin. Corruption, insufficient technology for protecting the identification of legitimate pharmaceuticals, and a lack of political will, especially a lack of vigilance and lobbying by healthcare providers, are some of the key causes of widespread drug counterfeiting. Authenticating fake medicines requires both local and international efforts. Falsified and substandard medications may contain hazardous dosages of harmful substances, resulting in mass poisoning. Poor-quality drugs jeopardise chronic and infectious illness treatment, leading to disease progression, drug resistance, and mortality. As the prevalence of chronic diseases rises in low- and middle-income nations, so will the demand for safe and effective treatments. Substandard and counterfeit pharmaceu...