Health News Supply chain

Blockchain for temperature monitoring in pharma supply chain

pharmaceuticals
Yesterday Chronicled announced a partnership with OCEASOFT to integrate and cross-sell their platforms and solutions.
Pharma supply chain digitization
Temperature control in pharmaceutical supply chains is big business according to Pharmaceutical Commerce which estimated managing transportation of temperature controlled products at $13.4 billion in 2017, growing at a rate of 5-6%. There’s considerable activity in the pharma sector as a result of legislation. The US Drug Supply Chain Security Act requires pharmaceutical companies to add serial numbers to all medications. Later this year the first stage of the Act comes into force with the remainder phased in through to 2023.

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