If you’re following along with our countdown, you may be noticing a trend: traceability content was quite popular with readers this year. In our #1 article, Kim Overstreet provides an overview of of serialization in both the pharma and med device arenas. If you’re looking for more in-depth coverage, check out the following recent articles:
In the realm of pharmaceuticals, there are some concerning statistics according to the Pharmaceutical Research and Manufacturers of America. One in ten medicines worldwide are presumed to be counterfeit, and 95% of internet drug outlets have been found to be out of compliance with federal and state pharmacy laws & practice standards. During one week alone in March of 2020, over 48,000 packages containing counterfeit medicines were seized by Interpol.
Serialization assigns a unique serial number linked to information about the product origin, batch number, and expiration date, to each saleable unit of each prescription drug product. According to a new report by PMMI Business Intelligence, “Pharmaceutical & Medical Devices | Trends & Opportunities in Packaging Operations,” regulations vary worldwide.
Continue to the full article here: Serialization 101