rfxcel a leader in patient safety through traceability offers the solution to eliminate counterfeit drugs (counterfeit medicines)
We all use medications. Since they have such a significant effect on our health, we need to know that the medicines that we buy and consume are authentic and safe.
Looking into the world of drug supply data, we can see that 10 – 15% are counterfeit drugs. Criminals aim to scam the consumers by mislabeling drugs and selling the authentic ones on the black market. For this reason, pharmaceutical industries lose hundreds of billions in profit, and over 100 000 patients lose their lives every year.
The US Government and other nations are combating these problems with regulations such as the Drug Supply Chain Security Act (DSCSA) which demands complete visibility of the drug’s journey from the manufacturer to the patient. The hope for these efforts is to eliminate counterfeit drugs (counterfeit medicines). However, increased regulations also increase complexity for such a vast and diverse supply chain. Tracking all orders and items and making their location, status, and environmental conditions visible the entire time of their supply chain journey may seem like a daunting task, but rfxcel offers a brilliant traceability solution.
With rfxcel Supply Chain Traceability Software, rfxcel enables the supply chain participants to track their products by integrating data between manufacturers, distributors and re-packagers, clinics and pharmacies. The way the tracking works is that each shipment is assigned a serial number which is scanned at every handout by the receiving party. rfxcel instantly provides a digital report with different data points about the product and its history. This data is then aggregated in a relationship hierarchy so that the recipients can gain complete visibility into every pallet, case, and bottle. Not only does this process protect manufacturers and pharmaceutical companies by disabling criminals to mislabel drugs, but it also enables patients to feel confident that their medications are authentic and safe.
About rfxcel Supply Chain
rfxcel is the leading enterprise software for supply chain and traceability. rfxcel Supply Chain Traceability Software module provides full visibility of the product supply chain: from the incorporation of ingredients used in the manufacturing process to the distribution of the final product to the end consumer. Major pharmaceutical companies, independent CPOs/CMOs, and wholesalers rely on rfxcel’s expertise in compliance software and support. rfxcel has specialized in core pharmaceutical areas including compliance, tack and trace, serialization and environmental monitoring.
rfxcel is here to provide the industry the solution that best fits their needs and requirements. For more information, please contact us.
