Tuesday, July, 07, 2020 10:09:08

The pilot will operate on IBM’s Blockchain that would allow monitoring drugs in real-time

The United States Food and Drug Administration (U.S. FDA) recently announced that Merck, IBM, Walmart and KPMG are going to join the pilot project that supports the U.S. Drug Supply Chain Security Act (DSCSA).

Reportedly, the companies are expected to address the requirements of the DSCSA to trace, identify and track vaccines and prescription medicines that are distributed across the United States.

The DSCSA was enacted on November 27, 2013 by the U.S. congress with a purpose to shape framework for building interoperable electronic system that identifies and traces particular prescription drugs as they get distributed in the U.S. This will enhance FDA’s capabilities to protect consumers from stolen, harmful, counterfeit or contaminated drugs.

The DSCSA pilot aims to help stakeholders of the drug supply chain in developing technology which identifies and traces prescription drugs and would also evaluate an efficient process that complies with the requirements of supply chain security.

Walmart’s Karim Bennis, Vice President of Strategic Planning and Implementation, Health and Wellness, said that the company is looking forward to the transparency and success in biopharmaceutical supply chain. The requirements for DSCSA and the pilot will ensure that the customers trust them to keep the products safe.

Apparently, the pilot will operate on the permissioned blockchain of IBM that aims to develop an interoperable and shared network which will allow the products to be monitored in real-time. This will be beneficial for the consumers asking for detailed information regarding the products, besides the regulators wishing to protect the users from dangerous drugs.

Arun Ghosh, Blockchain Leader at KPMG, noted that a vital component of the pilot is the mobile app that will scan the QR code while picking up prescription. The app enables users to see origin of the drugs after the scan, the number of days it has been with the participating stores, the manufacturing site or other helpful information.

 

Source Credit-https://www.forbes.com/sites/rachelwolfson/2019/06/13/merck-and-walmart-will-track-prescription-drugs-on-ibm-blockchain-in-fda-pilot/#9e0b20a212eb