Serialization in the Pharmaceutical Industry
Counterfeit medicines are a danger to community health. They are not real so do not help patients. If that is not hazardous enough, counterfeit drugs can also vigorously harm patients, even causing death. Counterfeit drugs also harm the pharmaceutical industry. They straightly cause lost revenues and they can have knock-on effects including unwarranted reputational damage, loss of patient confidence, and more.
Here in this article, we will discuss Serialization in the pharmaceutical industry.
Tackling Fake Medications
It is not even efficient to upturn at a counterfeit manufacturing facility to close it down. This is because the medications are constantly manufacturing in phases at different locations. In addition, it is not uncommon for these locations to be in different countries.
Tackling the supply side of the counterfeit drug, it is equally challenging, not slightest but many fake medicines have vended on the internet. According to estimations from the World Health Organization, as many as 50 percent of drugs vended on the internet are fake.
The Serialization Solution
Serialization contains tracing each distinct product via a unique serial number from the manufacturer exact through the end-user. The serial number provides information such as the basis of the product, the production batch, the expiry date, and more.
Employing serialization in the pharmaceutical industry contains obtaining unique serial numbers for your products, allocating them to each batch you produce, printing the serial number on the product’s label in the form of a barcode, and then dealing the data so you can trace the product via the serial number.
Points to Consider
You will require allocating a budget for the advancement of your system to relate serial numbers to your products during manufacturing and to cope with the data. This comprises software development costs to add functionality and integrate systems, as well as potential hardware elevate costs.
Need to organize resources to implement serialization in your production field. As there are no uniform global guidelines that cover the complete pharmaceutical industry. This comprises getting a full acceptance of the insinuations of serialization depending on the worldwide markets you serve and the kind of products you produce.
Ensuring of Right Partner
Vital to all popular serialization implementations are getting you to work with the right partner. This means choosing a software provider who is wholesaler impartial so can work with all your stages and equipment.
Implementing serialization will hold back production, mainly in the packaging stage. Nevertheless, you will need to add serial numbers to each package. This means separate product packages, case packages, and pallet packages.
Your capacity will want systems that permit the effective storage of data that serialization produces, as well as giving users quick access to that data. You need hardware for this but, significantly; you also need the effective data management and reporting software.
For serialization hard work to be effective, it is not effective for you to have data internally. You also want systems in place that help the safe sharing of data with your supply chain and others.
Countries around the sphere have different serialization regulations in place and diverse deadlines for their implementation. This is stimulating in itself but there is also the fact that these regulations are not static. Instead, you should consider them as developing. This means any serialization solution you implement should be malleable and ascendable.
Serialization is a reality for the pharmaceutical industry. While there are cost, production, and resource concerns involved, it will bring many benefits.
Schedule an ERP Gold demo that helps to understand the serialization in the pharmaceutical industry.