A Prescription for Pharmaceutical Supply Chain Transparency
CASE STUDY - SANOFI
A Prescription for Pharmaceutical Supply Chain Transparency
In the pharma industry a huge client faced challenges in maintaining transparency and traceability in its complex supply chain. The company was dealing with issues such as counterfeit drugs, inefficiencies in tracking the movement of pharmaceuticals, and difficulties in ensuring the integrity of sensitive data.
MISSION
- To implement a blockchain-based solution to enhance transparency, traceability, and security in the pharmaceutical supply chain.
OUTCOME
- The blockchain solution allowed real-time tracking of pharmaceuticals from production to end-users.
- Enhanced the security of sensitive data, preventing unauthorized access and ensuring the integrity of information throughout the supply chain.
- By implementing unique identifiers on the blockchain for each batch of pharmaceuticals, the company could easily verify the authenticity of products, reducing the risk of counterfeit drugs entering the market.
- Smart contracts automated several processes, reducing paperwork and reduced operational
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