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Partnership to Help Combat Counterfeits and Authenticate Product

NFC OpenSense technology to drive quality control and strengthen brand as Korea’s medical/skincare technology firm NEXGEN Biotechnologies expands distribution to foreign markets.

NEXGEN Biotechnologies is a Seoul, South Korea biotech firm that develops and produces protein-based biological materials for the medical and cosmetics industries. The company has entered a partnership with Thin Film Electronics ASA in which NEXGEN will integrate Thinfilm’s NFC OpenSense™ technology into containers and other packaging in order to monitor shipments throughout the supply chain and address product authentication needs.

As NEXGEN continues to expand distribution into foreign markets, including China, the company is taking a proactive approach in maintaining the integrity of its products and the vast supply chain through which they are delivered. Thinfilm’s OpenSense technology will help NEXGEN combat counterfeiting, gray market diversion, unauthorized refills, and other fraudulent practices.

Medical Device Innovations Report
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