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Big Pharma Urges FDA to Use Blockchain for Drug Tracking

Published 02/24/2020, 01:36 PM
Updated 02/24/2020, 03:22 PM
Big Pharma Urges FDA to Use Blockchain for Drug Tracking

25 leading pharmaceutical manufacturers, distributors, logistic partners, and other representatives of the pharma supply chain have published a report arguing in favor of adopting blockchain technology to track and trace prescription drugs after completing a pilot program with the US Food and Drug Administration.

During early 2019, the FDA began accepting proposals for projects seeking to assist the office meet the 2023 requirements of the Drug Supply Chain and Security Act (DSCSA) - which requires the pharmaceutical industry to track “legal changes in ownership of pharmaceuticals in the supply chain.”

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