Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > NanoGuardian Partners With SDI to Deliver Closed-Loop Protection of Pharmaceutical Supply Chain

Abstract:
Market monitoring program proactively identifies counterfeit and illegally-diverted pharmaceuticals that enter the supply chain

NanoGuardian Partners With SDI to Deliver Closed-Loop Protection of Pharmaceutical Supply Chain

Skokie, IL | Posted on May 26th, 2009

NanoGuardian™, a division of NanoInk® that focuses on delivering brand protection solutions to fight illegal diversion and counterfeiting of pharmaceutical products, announced a partnership with SDI, a leader in innovative analytics for the pharmaceutical and healthcare industries, to deliver its Closed-Loop Protection™ market monitoring program. Closed-Loop Protection combines the on-dose authentication and tracing benefits of NanoGuardian's NanoEncryption™ technology with a proactive pharmacy auditing program to identify counterfeit or illegally-diverted pharmaceuticals entering the global supply chain.

NanoGuardian's NanoEncryption technology provides on-dose security features at the overt, covert and forensic level and can be applied directly to tablets, capsules and vial caps. These multi-layered security features enable NanoGuardian to provide a dual-protective benefit to manufacturers with a single technology. The overt and covert security features enable authentication at any point in the supply chain, while the forensic-level NanoCodes™ provide comprehensive tracing information on every single dose.

NanoGuardian's NanoCodes can be associated with an unlimited amount of data including, but not limited to product information (strength, expiration date), manufacturing information (location, date, batch and lot number), and distribution information (country, distributor, wholesaler, chain, RFID or 2-D Barcode). Since NanoGuardian's on-dose protection always remains with the specific dose even after numerous repackaging efforts, NanoGuardian provides brand integrity, protection and confidence that standard, on-package, e-pedigree technologies cannot alone provide.

NanoGuardian's Closed-Loop Protection is a market-monitoring program that works hand-in-hand with NanoEncryption technology to provide manufacturers an "Early Warning System" in the detection of counterfeit and diverted product. Through random audits at retail pharmacies, NanoGuardian's Closed-Loop Protection can proactively detect counterfeit and diverted product providing manufacturers with early detection of problems and mitigating risk to brands, companies and patients.

"To ensure the success of Closed-Loop Protection, it was vital to partner with an organization such as SDI, that has the regulatory experience in conducting proactive market monitoring services and that can manage networks of pharmacies and physicians," said Dean Hart, executive vice president, NanoGuardian. "With Closed-Loop Protection, we can proactively identify costly counterfeiting and illegal diversion activities as they occur, which allows more time for action and reduces the risk to pharmaceutical companies and patients."

"We are excited to partner with NanoGuardian in combining SDI's strong market research resources with NanoGuardian's on-dose NanoEncryption technology to better enable manufacturers to protect patients by ensuring supply chain integrity," said Andrew Kress, CEO, SDI.

According to the U.S.-based Centre for Medicines in the Public Interest (CMPI), counterfeit drug commerce is estimated to grow 13 percent annually through 2010. "That means counterfeit drug sales will grow at nearly twice the rate of legitimate pharmaceutical commerce," states Peter Pitts, President of CMPI. "In 2010, this illegal business will generate $75 billion in revenues -- a 92 percent increase from 2005."

####

About NanoGuardian
NanoGuardian™, a division of NanoInk®, focuses exclusively on delivering brand protection solutions to fight illegal diversion and counterfeiting. Anchored by NanoInk's novel NanoEncryption™ technology, NanoGuardian enables manufacturers to authenticate and trace the integrity of their products across the supply chain. More information about NanoGuardian is available at www.nanoguardian.net.

About SDI

Since 1982, SDI has been delivering innovative healthcare data products and analytic services to the pharmaceutical, biotech, healthcare, medical device, financial services, and consumer packaged goods industries. SDI is the leading provider of de-identified patient-level data analytics and offers a broad array of solutions and insights across the continuum of care. These include custom and syndicated patient-level data studies; localized disease and treatment surveillance and projection; market research audits; healthcare profiles; comprehensive managed care offerings; clinical trial optimization; direct-to-patient pharmacy programs; marketing effectiveness; sales targeting and compensation products; data integration, warehousing, and mining; list services; and direct marketing services. Its current roster includes the top 50 pharmaceutical/biotech companies. For more information, visit www.sdihealth.com or call (610) 834-0800.

For more information, please click here

Contacts:
For NanoGuardian:
Joshua Taustein
Dresner Corporate Services
312-780-7219


Sara DeNio
Dresner Corporate Services
312-780-7223


For SDI:
Tracy Everly
(800) 982-5613

Copyright © NanoGuardian

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Ageing can drive progress: Population ageing is likely to boost medicine, nanotechnology and robotics, but increase political risks July 27th, 2016

WSU researchers 'watch' crystal structure change in real time: Breakthrough made possible by new Argonne facility July 27th, 2016

Enhancing molecular imaging with light: New technology platform increases spectroscopic resolution by 4 fold July 27th, 2016

New nontoxic process promises larger ultrathin sheets of 2-D nanomaterials July 27th, 2016

Law enforcement/Anti-Counterfeiting/Security/Loss prevention

The birth of quantum holography: Making holograms of single light particles! July 21st, 2016

New method can identify chemical warfare agents more easily: The method could help governments protect people from horrifying toxic effects July 15th, 2016

Researchers harness DNA as the engine of super-efficient nanomachine: New platform detects traces of everything from bacteria to viruses, cocaine and metals July 10th, 2016

New approach to microlasers: Technique for 'phase locking' arrays of tiny lasers could lead to terahertz security scanners June 17th, 2016

Nanomedicine

Scientists test nanoparticle drug delivery in dogs with osteosarcoma July 26th, 2016

The NanoWizard® AFM from JPK is applied for interdisciplinary research at the University of South Australia for applications including smart wound healing and how plants can protect themselves from toxins July 26th, 2016

Accurate design of large icosahedral protein nanocages pushes bioengineering boundaries: Scientists used computational methods to build ten large, two-component, co-assembling icosahedral protein complexes the size of small virus coats July 25th, 2016

New superconducting coil improves MRI performance: UH-led research offers higher resolution, shorter scan time July 23rd, 2016

Announcements

Ageing can drive progress: Population ageing is likely to boost medicine, nanotechnology and robotics, but increase political risks July 27th, 2016

WSU researchers 'watch' crystal structure change in real time: Breakthrough made possible by new Argonne facility July 27th, 2016

Enhancing molecular imaging with light: New technology platform increases spectroscopic resolution by 4 fold July 27th, 2016

New nontoxic process promises larger ultrathin sheets of 2-D nanomaterials July 27th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic