Serialization and the Drug Quality & Security Act

The supply chain for genuine pharmaceuticals has grown longer, and every step in the chain offers an opportunity for counterfeiters.

Bikash Chatterjee, president and CTO, Pharmatech Associates
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The problem of counterfeit drugs and drug adulteration has been a worldwide issue for decades. Fueled by Internet sales, unsecured physical and cyber global supply chains and minimal punishments, counterfeit prescription drugs have become an exploding industry, with an estimated market worth $75 billion a year worldwide¹. An estimated 80 percent of counterfeit drugs come from overseas with most of them manufactured in India and China. In this era of globalization, the supply chain for genuine pharmaceuticals has grown longer, and every step in the chain offers another opportunity for counterfeiters. The challenges facing drug manufacturers are numerous in addressing the…

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