SupplyScape Licenses Electronic Pedigree Software to Pfizer to Enhance Drug Product Security.WOBURN, Mass. -- SupplyScape Corporation, the leading provider of software to maximize product integrity and create business value for pharmaceutical, biotech, medical device companies and their trading partners, today announced that Pfizer (NYSE NYSE See: New York Stock Exchange :PFE 1. (text, editor) PFE - Programmer's File Editor. 2. (language) PFE - Portable Forth Environment. ), the world's largest pharmaceutical company, has licensed SupplyScape's E-Pedigree[TM] data management software to enhance patient safety, secure the drug supply channel and meet regulatory compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). . E-Pedigree[TM] provides a secure chain of custody The movement and location of physical evidence from the time it is obtained until the time it is presented in court. Judges in bench trials and jurors in jury trials are obligated to decide cases on the evidence that is presented to them in court. for a prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, by creating an electronic record or pedigree to trace each distribution of a given drug, from the first sale by the manufacturer until the final sale to a pharmacy dispensing the drug. E-Pedigree allows Pfizer to comply with the pedigree laws of all states, including California's pedigree statute, and meet the requirements of the federal Prescription Drug Marketing Act
PDMA Prescription Drug Marketing Act PDMA Philadelphia Direct Marketing Association PDMA Plastic Deformation Magnetic Assembly PDMA Polarisation Division Multiple Access ). Built on open standards, E-Pedigree is one of the first electronic pedigree products to receive GS1 EPCglobal[TM] Drug Pedigree Messaging Standard certification status. Pfizer's plan to implement E-Pedigree expands their channel security initiatives, which also include SupplyScape's RxAuthentication[TM] product authentication solution. RxAuthentication enables pharmacies and wholesalers to verify the authenticity and status of the serial number on packages of Pfizer's Viagra[R] at any time prior to final dispensation DISPENSATION. A relaxation of law for the benefit or advantage of an individual. In the United States, no power exists, except in the legislature, to dispense with law, and then it is not so much a dispensation as a change of the law. to a patient. "Pfizer is taking an industry leading role in attacking counterfeit and diversion threats to the drug supply chain to ensure patient safety," said Shabbir Dahod, founder and chairman of SupplyScape. "By implementing electronic pedigrees and product authentication to build a cohesive product security strategy, Pfizer is closing the gaps that exist today in the pharmaceutical distribution channel." About SupplyScape SupplyScape Corporation is a leading provider of software and services that improve patient safety, increase value chain efficiency and maximize revenue across the life sciences value chain. By creating On-Demand Value Networks, a real-time information network delivering end-to-end value chain visibility and control, SupplyScape transforms the life sciences business through its highly scalable product and transaction security platform. Pharmaceutical companies, wholesale distributors and pharmacies partner with SupplyScape to enhance patient trust, reduce compliance risk and gain financial transparency. For more information, visit www.supplyscape.com. |
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