Impact and overview of track and trace system and serialization in pharmaceutical industry

Abstract

An alleviation of patient wellness and safety, the pharmaceutical ecotechnology play crucial role by eliminating the threat of counterfeit drugs, medicines and drug adulteration. The numerous issue of supply chain such as production of inferior copy of branded product with label of the original brand name, the risk of putting wrong product into distribution, unauthorized distribution of branded product and lack of consistency across countries are now a days creating challenges for pharmaceutical manufacturers worldwide. The regulatory authorities of countries and pharmaceutical industries believe that serialization and product tracking could be the ultimate solution for these worldwide issues. Serialization system has the capacity to find out current and past locations of the product through entire supply chain. Hence, due to urgent necessity in today’s competitive environment, the implementation of this technology has found to be more effective to enhance counterfeit prevention, pilferage reduction and targeted recalls as well as improve security, visibility, synchronization and supply chain efficiency. Keywords: Serialization, Pharmaceutical.