Over 10 years experience of Traceability Solutions
By pharmatrax
Category: Events
No CommentsIn May 2019, the 72nd World Health Assembly endorsed the establishment of World Patient Safety Day to be observed annually on 17 September each year. The objective of World Patient Safety Day is to raise global awareness about patient safety and encourage global solidarity and action with a slogan of Speak up for Patient Safety!
World Patient Safety Day:
In the solidarity of World Patient Safety Day on 17th September – 2019, Pharma Trax being a Pharmaceutical Traceability Solution Provider organization based in Pakistan conducting Patients Safety Events in Lahore, Islamabad and Karachi for the awareness of Patient Safety regarding Check for Fake & Authentic Medicines, Cold Chain Monitoring, Recall Effectiveness for Patient right to know about medicines history and trail of transactions, to implement Right Patient, Right Dosage and Right Route Strategy.
• Each year 2.6 million Deaths occur especially in developing countries because of 134 million adverse events in healthcare sector.
• 40% people are harmed in primary ambulatory setting of which 805 can avoided by following efficient practices and Standards.
• Medication errors cost an estimated 42 billion USD annually.
Pharma Trax:
Pharma Trax solving Trust deficit in medicine dispensing and distribution for all stakeholders by implementing digital solutions to have complete supply chain visibility from the point of production till patient drug consumption, in 2012, in one incident alone, 120 people died after taking counterfeit heart medicine in Pakistan. Pharmaceutical industry lacking trust, transparency and data immutability making it vulnerable to tempering by not having digital solution beyond regulatory requirements. There is no ownership visibility of Pharma products and Cold Chain Monitoring for life cycle of medicine, and real time fake medicine detection system to identify high alert areas. There is no method in developing countries to recall faulty produced medicine from market giving recall alert upon checking medicine trail. Fatal and severe disability incidents take place because of substandard and falsified medicines for not having digital and transparent solution to control such incidents.
Pharma Trax working for patient safety by collaborating with Pharmaceutical Manufacturers, Distributors, Wholesalers, Pharmacies and End Patients i.e. all stakeholders involved in the supply chain of medicine for life cycle. Trace-ability and Authentication provide value for all stakeholders
According to who about 10% medicines produced worldwide, especially in developing countries are either fake or substandard, causing severe incidents.
• Regulatory requirement of Traceability Solutions
• Adverse incidents by faulty medicine – For not having Recall Effectiveness
• No Transparency of Drug ownership for Digital Supply Chain System
• No real time fake medicine detection mechanism
• No cold chain monitoring of medicines for lifecycle
Sources:
https://www.who.int/medicines/regulation/ssffc/publications/GSMSreport_EN.pdf?ua=1 https://www.who.int/campaigns/world-patient-safety-day/2019