Today SAP
announced a partnership with Chronicled, the company behind the
MediLedger pharmaceutical blockchain.
Chronicled’s MediLedger has been integrated into the SAP Information Collaboration Hub for Life Sciences.
In the U.S., the Drug Supply Chain Security Act (DSCSA), which requires interoperability between organizations, is being phased in over several years. The ultimate deadline is 2023, but in November this year, there’s a deadline to verify that drugs returned from pharmacies and hospitals to wholesalers are not fakes. Most returned medications are re-sold so the new verification process will help to eliminate pharmacies inadvertently selling counterfeit drugs.
While the SAP Information Collaboration Hub for Life Sciences helps in the verification process, there’s a need to interoperate across the industry, including with organizations that don’t use the SAP platform. That’s where the MediLedger solution comes in by providing a distributed network that also integrates with other pharma technology solutions.
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