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Tag: How Blockchain Technology Will Arrest Drug Faking and Adulteration

How Blockchain Technology Will Arrest Drug Faking and Adulteration

How Blockchain Technology Will Arrest Drug Faking and Adulteration

Cover Stories, NEWS
With more than $200 billion lost to substandard drugs annually, the unholy grand cabal of fakers with an international network does not seem to be abating. The intensified efforts of both NAFDAC and the NDLEA are yet to cage the monstrous activities of the dare devil merchants of death i.e. fake and adulterated drug peddlers. PharmaTimes Editor, MORGAN NWANGUMA examines the latest technology that is hoped will bring about a lasting solution. Experts say Blockchain has the potential to transform healthcare in general and the pharmacy supply chain in particular. In his resounding lecture at the 90th Annual National Conference of the Pharmaceutical Society of Nigeria (PSN) in Umuahia (Abia 2017), Dr. S. Nevin, Ph.D – the Keynote Address Speaker emphatically stated that Blockchain technology