TraceLink to Host Webinar on Industry’s First Global Drug Supply, Safety and Traceability Report
Report Surveyed Hundreds of Manufacturers, Distributors and Dispensers on DSCSA Lot-Level Adoption, Revealing Potential Vulnerabilities in Serialization Readiness
TraceLink Inc., the World’s Largest Track and Trace Network for connecting the life sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace, today announced it will unveil the industry’s first Global Drug Supply, Safety and Traceability Report—a study that examines network insights into the trading habits of the global pharmaceutical supply chain. Results from the inaugural report, which will be presented during a live webinar with
“As the only track and trace solution provider with a network-tenant platform, TraceLink has a unique advantage to see industry trends and supply chain complexities across more than 244,000 trading partners on our Life Sciences Cloud,” said Shabbir Dahod,
The December 13 webinar titled, “Global Drug Supply, Safety & Traceability Report: Using 2015 Lot-Level Learnings to Understand Future Serialization Challenges,” will reveal survey results from 331 respondents across the pharmaceutical supply chain (30% pharmaceutical and contract manufacturers, 14% wholesale distributors, 45% hospitals and 11% retail pharmacies.)
TraceLink partnered with independent research firm, Actionable Research, to conduct the study, gathering industry insights and experience with DSCSA
- Complex trading habits, uncovering the little-known breadth of supply chain networks;
- Non-compliance at the
lot level by a portion of pharmaceutical manufacturers and wholesale distributors; - Uncertainty among dispensers around the sustainability of T3 portals offered by wholesale distributors;
- T3 data still being exchanged in paper format by pharmaceutical manufacturers and wholesale distributors;
- The complexities behind
lot-level implementation and total cost of IT upgrades; - Overwhelming consensus that serialization will be as (if not more) challenging than
lot-level compliance.
Webinar Details
The live webinar, “Global Drug Supply, Safety & Traceability Report: Using 2015 Lot-Level Learnings to Understand Future Serialization Challenges,” will be held at 10 a.m. ET on Tuesday, December 13, 2016, hosted by Shabbir Dahod,
To register for the webinar, use this link. The event will also be recorded and available for on-demand viewing at www.tracelink.com.