Goldman Sachs Leads $50M+ TraceLink Round

TraceLink closes Series C financing to help companies comply with country-specific track-and-trace requirements.

Dec 6th, 2016

A recent TechCrunch article revealed that TraceLink has closed a $51.5 million Series C round led by Goldman Sachs Growth Equity. The deal places Goldman among other prestigious investors who have put their faith and funds into the 2009 startup including FirstMark Capital, Volition Capital, and F-Prime Capital. Goldman’s Jason Kreuziger will join TraceLink’s board of directors as part of the deal. A statement from TraceLink CEO, Shabbir Dahod, can be read here.

TriFlex “to promote joint health,” comes as functional beverage, functional food in the form of soft chews, and caplets. Cartons, rigid containers with tamper-evident seals, and flexible pouches offer the consumer a variety of packaging and delivery systems. PMMI’s research predicts the move from rigid containers to flexible pouches, but there are still plenty of vitamin bottles on the shelf at GNC.

E-Commerce and Personalization Drive Packaging Changes in Nutraceuticals

E-Commerce is necessitating a movement away from rigid plastic and glass containers, while personalized supplement packs gain steam.

Global Packaging Research

Overall value of packaging in Asia will hit $377.5 billion in 2019. It will be the fastest growing major world region to 2024 reaching $458.2 billion in that year, according to a new study from Smithers

Quick Hits: New Contact Lens Curbs Nearsightedness in Kids

The FDA just approved the first contact lens that slows the progression of myopia in kids between the ages of 8 and 12 years old.

Super Antibiotics

Quick Hits: New Super-Antibiotics Can Kill Superbugs

Scientists in Hong Kong have developed a new family of antibiotics strong enough to neutralize antibiotic-resistant superbugs.

45% of global consumers use a smart device to monitor a health condition.

Will Smart Technology Help Seniors with Pharma and Healthcare Compliance?

RFID, NFC, Bluetooth, and QR enabled packaging are on the forefront of technology solutions in the healthcare industry for pharmaceutical and medical device packaging, with 45% of global consumers using a smart device to monitor a health condition.

Association membership hits an all-time high with induction of 2019 Fall Class

Association membership hits an all-time high with induction of 2019 Fall Class

The redesigned package (right) brought a 29% source reduction by weight.

Recycling and source reduction

News from HLP Klearfold at PACK EXPO Las Vegas 2019 was the introduction of their new Klearfold® RPET100 clear plastic folding cartons made from 100% post-consumer recycled PET.

Quick Hits: EU Approves Human Ebola Vaccine

In a new first, Merck’s Ebola vaccine received a “conditional marketing authorization” from the European Union.

90% of all fatalities, 85% of all citations and 90% of dollars applied as fines are related to hazards of the Focus 4.

OSHA’s “Focus 4” Safety Hazards

According to OSHA, 90% of all fatalities, 85% of all citations and 90% of dollars applied as fines are related to hazards of the Focus 4 - falls, caught-in or between, struck-by hazards, and electrocution.

Quick Hits: Copper Hospital Beds Kill Bacteria

A new study found that hospital beds made of copper contained significantly fewer bacteria than conventional hospital beds.

Dr. George Frodsham

Quick Hits: Blood-Cleaning Magnets to Begin Human Trials

A British doctor created a blood filtering system that uses magnets to draw deadly conditions out of the body.

Pages From 2019 Omnichannel Retail Wp

Omnichannel advances drive supply chain innovation

The explosion of e-commerce has consumer packaged goods (CPG) companies rethinking day-to-day processes across their entire enterprise, according to a new white paper from PMMI, The Association for Packaging and Processing Technologies.

Emilie Peltre, Senior Principal Packaging Engineer for Abbott opens the Abbott Connected Health Challenge at the AIPIA World Congress.

Live from AIPIA: Abbott Connected Health Challenge

Thirteen smart packaging technology providers pitch their solutions to Abbott to help them create connected packaging that links its consumers to services.

Epm2020 English High Resolution

EXPO PACK México 2020 Quickly Selling Out

Largest Latin American packaging and processing event expects 23,000 buyers

Recyclable Blister Packs

Quick Hits: Romaco Develops First Recyclable Packaging for Solid Drugs

Push Packs are made from recyclable polyolefin laminate and they’re the first unit dose packaging of their kind.

PACK EXPO is Proud to Give BACK

PACK gives BACK™ raises over $30,000 for Veterans at PACK EXPO Las Vegas and Healthcare Packaging EXPO 2019

Marijuana Vaping

Quick Hits: Ohio Bans Medical Marijuana Vapes Containing Vitamin E Acetate

Ohio regulators have banned the vape oil ingredient after federal health officials linked it to vaping-related lung problems.

Quick Hits: 10 Hospitalized After Receiving Insulin Instead of Flu Shot

Ten people at a care facility in Oklahoma were accidentally injected with insulin rather than flu shots and became unresponsive.

Texas woman was listed as deceased, and couldn't get prescriptions filled.

Quick Hits: Woman Can’t Get Prescription Because She’s Deceased. Wait, What?

The Social Security Administration mistakenly listed a Texas woman as deceased, and now her pharmacy won’t honor her Medicare.

Will Amazon Change the Face of Online Pharmacies?

According to the PMMI Business Intelligence White Paper “Senior-Friendly Healthcare Packaging,” Amazon’s combined purchase of ‘PillPack’ with their joint-venture ‘Haven’ could create a “potential disruption and realignment in the healthcare industry.'

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The first patient to be implanted with a chip to fight opioid addiction.

Quick Hits: Can Brain Implants Help Kick Opioid Addiction?

Researchers are experimenting with a new method for fighting the opioid epidemic that involves microchips that emit electronic pulses.

Maturing Consumers Pose Untapped Packaging Market

Pharmaceutical companies who react quickest to the packaging needs of an aging population have a unique opportunity to attract long-term brand loyalty, according to PMMI infographic and accompanying white paper.

Packaging for Origin Almond’s almond juice includes an HPP-compatible 38-mm HDPE closure in the company’s signature yellow color.

Two Exceptional Brands Each Gifted with 0.5M Free Closures

A medical food for chemo/radiation patients and a low-sugar, carb, and calorie cold-pressed almond juice impress judges of Silgan Closures’ first Free Closures for a Year competition.

Bi Cosmetic Glass Packaging

Three Trends Driving the Growth of Glass Packaging for Cosmetics, Perfumes

Trends include increased consumer spending on beauty treatments, the premiumization of packaging for these markets, and the rising penetration of cosmetics and perfume in developing countries.

60% of people globally over the age of 50 have purchased products online

E-Com Expanding Convenience, Compliance and Customized Healthcare Packaging for Seniors

The convenience of online ordering, delivery and personalized packaging has the added benefit of increasing senior compliance with medications.

3D Printed Skin

Quick Hits: They Can Now 3D-Print Living Skin

Scientists have developed a way to 3D print living skin, and it could revolutionize the way we create skin grafts.

Medical Marijuana

Quick Hits: Recreational vs. Medical Cannabis in States That Have Both

Here’s a look at how the legalization of recreational cannabis has affected pre-existing medical marijuana markets.

The BM2030-PC Medical Tray Sealer was awarded with a PMMI Technology Excellence Award at PACK EXPO Las Vegas 2019.

Medical Tray Sealing: PC-Based Control Systems and New Belt Actuator Offer Precision

Push-to-start medical tray sealer from Belco Packaging Systems, Inc. minimizes material waste, maximizes package quality and improves operator safety.

Jen Krepelka led in-house team in creating the new sites

PMMI Media Group’s redesigned websites offer an enhanced UX and behind-the-scenes efficiencies

PMMI Media Group launched newly designed websites for all of their business-to-business titles this year.

UPS and CVS partner for first residential drone deliveries for prescription medicines.

CVS and UPS Complete Their First Prescription Drone Delivery to Customers

The Nov. 1 flights included a delivery to a patient with limited mobility. Will the service boost much-needed healthcare access for rural communities?

Quick Hits: China Approves World’s First New Alzheimer’s Drug in 20 Years

In clinical trials, Oligomannate proved effective in treating mild to moderate forms of the disease and may improve cognitive function.

Changes in Homeopathic Drugs Lead FDA to Change Policy

Attention, homeopathic drug packagers: The Food and Drug Administration has a new attitude toward you.