Our Blog
Our blog articles cover topics and discussions on serialization, counterfeiting and compliance
What is the Serialization Impact for Pharmaceutical Companies in the future?
Serialization has become a necessity for pharmaceutical companies and many countries like UK, USA, Italy and India have adopted different levels of serialization in their pharmaceutical supply chains. There are a host of reasons why serialization is being mandated...
Digital Traceability technologies may be able to help in the Pandemic against virus spread
When the Coronavirus initially spread across the globe, governments tried to contain it and prevent increasing cases. Supply chains were impacted because of the increased sudden demand of medical products and equipment which led to a lot of counterfeit products...
CosmoTrace expands footprint in APAC with a new office in India
The new year comes with a new beginning for CosmoTrace. CosmoTrace continues to grow and expand its operations with a new office in Hyderabad, India. "In a time of globalization, an international footprint is increasingly important and the decision to...
How can track-and-trace solutions contribute to ROI?
Tracking-and-tracing of products takes into account supply chain efficiency and also looks at completely functional solutions that target customer pain points for organizations. Track-and-trace solutions, especially digitally, don’t just add value towards a...
What CMO’s Should Know About Serialization And Aggregation
A safe, secure and effective supply chain needs to be transparent and have all the supply chain partners to work in tandem inorder to track, trace and verify authenticity of products. As Serialization aids in meeting these objectives through assigned unique...
How organized crime can impact Covid-19 vaccines
In our previous article we looked at the impact of counterfeit drugs affecting the pharmaceutical industry during the pandemic. We’re going to explore this a little deeper in this article and see how organized crime is impacting Covid-19 vaccines. We have been...
Counterfeit Drugs during COVID-19
During this global pandemic, counterfeit drugs hit the market and seem to be growing even now at an alarming rate. Although battling such faulty products has been a priority for manufacturers and suppliers, the industry is seeing a wide spread of and huge amounts...
MHRA guidelines to keep in mind for Northern Ireland post Brexit transition
Although the Brexit Transition period ends on December 31 2020 at 11 pm in the UK, the Medicines and Healthcare products Regulatory Agency (MHRA) believes the exchange and circulation of medical goods may continue till January 1 2021 (as per their update on October...
What are the Current Trends in Regulatory Compliance?
Regulatory and compliance teams faced immense pressure after Covid-19 spread across the globe. The life sciences industry was trying to inculcate regulatory changes however, the pandemic expedited the need to put these into effect and to address all the new...
How to drive Successful Serialization in the Supply Chain?
The pharmaceutical industry has been able to prevent excess flooding of counterfeit and harmful products in the supply chain by ensuring compliance measures for serialization and traceability processes are followed. By implementing unique identifiers (such as...
How can the pharma industry prepare for Brexit?
The deadline for Brexit is nearing (December 31 2020) and the industry is anticipating some new regulatory rules and possible disruptions with exports and availability of products. This could have potential lasting effects as the healthcare industry continues to...
Understanding the difference between Serialization and Track and Trace
It is estimated that Pharmaceutical companies across the globe face billions of dollars worth of losses annually because of stolen or counterfeit products. One of the measures the industry took to overcome this challenge was to implement serialization to protect...
Serialization Challenges and Opportunities for Businesses
It is well known by now that counterfeit medicines can be extremely dangerous and a tremendous health risk for patients. It is one of the biggest battles Pharma companies continue to face irrespective of their location and size. The measures that the industry took...
How have Pharma Supply Chains changed post Covid-19?
When Covid-19 began spreading across the globe, pharmaceutical supply chains were put through tremendous strain but still managed to keep producing products amidst the crisis thanks to the operational and procurement teams. Even though drug shortages continue to...
How can ineffective serialization inventory cause Traceability complications?
Having an organized and efficient serialization inventory is essential for organizations to manage them. It becomes difficult to find solutions to efficiently run the inventory in mixed and non-serialized environments. The costs to upgrade the entire systems can be...
Are you ready for Saudi Arabia’s aggregation requirements?
Are you ready for Saudi Arabia’s aggregation requirements? Saudi Arabia didn’t have an efficient process to track human registered drugs manufactured or imported from the country until the set up for the SFDA (Saudi Food and Drug Authority) which established the...
Abbreviated Serialization Terminology You Must Know (Part 3)
Here are the last 20 out of a list of 60 abbreviated Serialization terminologies. Some of these terms may be familiar because of common usage, while some may be lesser known. Remember, new regulations and updated technologies in Serialization lead to changing...
Abbreviated Serialization Terminology You Must Know (Part 2)
In our last article, we looked at the first 20 out of a list of 60 abbreviated Serialization terminologies. Here's the next 20 list of terminologies. As mentioned previously, new regulations and updated technologies in Serialization lead to changing jargon,...
Abbreviated Serialization Terminology You Must Know
New regulations and updated technologies in Serialization lead to changing jargon, abbreviations and terminology. A lot of them may be familiar because of common usage while some may be lesser known. In this 3 part article we’re looking at the first 20 out of a...
What are the three different kinds of operational serialization problems?
When implementing a serialization strategy, many factors need to be considered from the planning stages itself, such as the locations, production lines, and relevant markets. Without considering these points, it could result in costly delays and could affect the...
Key Challenges to Serialization
How to identify challenges in serialization implementation and successfully handle them. Falsified medicines have been a problem across the world for decades. The challenges increased exponentially ever since online purchasing options became available, thereby...
The Importance of Information Technology in Serialization
How does IT factor into serialization strategies? Pharmaceutical companies and governments across the world have adapted to reducing counterfeit goods by implementing product serialization. This requires the entire supply chain to have an extensive and thorough...
The Importance of Master Data in Serialization
What is master data, and why is it essential for serialization? One of the significant factors to determine the success of a product's serialization is to have accurate and verifiable information. The serialization data needs to include information about the...
How important is it to aggregate after serialization?
When it comes to aggregation in serialization, the effects of it can influence many areas such as the packaging line to the entire supply chain. The hope for a completely digital supply chain that's fully integrated for manufactures to have visibility of their...
What are some of the Serialization Challenges Pharma Companies face?
Millions of lives are put at risk every year because of counterfeit products in the pharmaceutical industry. Governments across the globe have set track and trace regulations and enforced serialization of products to identify these faulty goods in the supply chain...
Revisiting EU Food Traceability Requirements and Regulations
When a disease from animals transmits and spreads to humans, it threatens the safety, quality, and reputation of products and businesses manufacturing and distributing them. Through traceability, food businesses can immediately reduce risk and recall the products...
Plugging in the gaps in the Pharmaceutical Supply Chain
A big challenge for pharmaceutical supply chains is drug shortage. This gap in the supply chain showed prominently during the Covid-19 pandemic. Drug manufacturers, managers, and distributors have to manage waste from excess, unused inventory, which jeopardizes the...
Traceability and Serialization Benefits for Pharma
One of the biggest challenges with supply chains remains the absence of clarity throughout the different stages and the lack of visibility in the end-to-end supply chain process. With the help of digital technology of traceability and serialization, it’s possible...
Need for stricter compliance during COVID-19 as fraudulent products flood the markets
Safety and protection for health have been on the rise like never before, especially since the Covid-19 Pandemic. The pharmaceutical industry is facing the pressure to meet the demands for measures to be put in place to safeguard the public and build immunity...
How Blockchain technology can help fix Pharma supply chain vulnerabilities
The medical supply chain has always had problems around documentation, global deliverance and traceability. COVID-19 has shown us how important it is to plug the gaps in the medical supply chain and to address the vulnerabilities of supply shortages and procurement...