Top Pharmaceutical Firms Urge FDA to Adopt Blockchain for Drug Tracking

OGWU OSAEMEZU EMMANUEL | February 25, 2020

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Leading market participants in the United States pharmaceutical industry, logistics firms, distributors and other stakeholders in the pharma supply chain have come together to publish a report buttressing the need for industry players to adopt blockchain for tracking prescription drugs, following the successful completion of a DLT pilot project with the Food and Drug Administration (FDA), according to reports on February 24, 2020. Though nascent, blockchain technology, the building blocks of Bitcoin (BTC) and other cryptocurrencies are fast gaining ground across various ecosystems, due to its immutability, security, privacy, and other intricate properties. In the latest development, 25 leading manufacturers of pharmaceutical products, logistics partners and other market participants in the pharma supply chain, have published a report that highlights the importance of blockchain technology in drug traceability.

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Konica Minolta Healthcare Americas, Inc.

With over 75 years of endless innovation, the future of Konica Minolta Healthcare Americas continues to look bright. Konica Minolta Healthcare is committed to being the industry leader in medical diagnostic, Primary Imaging Solutions focused on Digital Radiography, Ultrasound and Healthcare IT. As part of a high performing team you’ll be able to develop your talents and be able make a difference. Our employees are driven to service customers in the healthcare community in exceptional ways, focusing on delivering an outstanding customer experience.

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