How Blockchain Will Change The Pharma Industry.

May 31, 2019

Pharmaceuticals are a $466 billion industry in the United States, according to Statista. However, concerns about privacy and transparency in clinical trials have the potential to impede the future of drug development and increase costs. Emerging technologies like blockchain should be explored to overcome these privacy concerns. Blockchain will greatly modernize the pharmaceutical industry, and I believe it will become the best way to handle certain initiatives that relate to transparency, privacy and traceability.At its very core, blockchain is a distributed ledger system with verifiable transactions. Through every subsequent transaction, the ledger is encrypted and verifiable throughout the chain. If there is a ledger with 100 transactions, for instance, each transaction is verifiable through its previous and subsequent transaction

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Genesis Pharmaceuticals Egypt

In 2008 Genesis Pharmaceuticals was founded by a group of physicians, pharmacists and entrepreneurs to be more than a business firm that aims at profit. Genesis was founded to be an influential organization in the Egyptian market and industry.

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Infographic | August 24, 2021

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Spotlight

Genesis Pharmaceuticals Egypt

In 2008 Genesis Pharmaceuticals was founded by a group of physicians, pharmacists and entrepreneurs to be more than a business firm that aims at profit. Genesis was founded to be an influential organization in the Egyptian market and industry.

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