Information sharing - the most valuable benefit expected from serialization?

NEXUS 17 attendees claim the greatest serialization challenge thus far has been line vendors’ inability to deliver a solution on time and within scope.

At NEXUS 17 in Barcelona earlier this month, TraceLink introduced its strategy for leveraging the industry’s only digital supply chain network to facilitate a new era of real-time information sharing, addressing a critical information gap that has existed for decades between pharmaceutical companies, pharmacists and patients. The first application unveiled within this road map, the Pharmacy Compliance and Digital Information Platform, enables any EU pharmacy to easily comply with verification and decommissioning requirements under the Falsified Medicines Directive (FMD), while simultaneously delivering a real-time dashboard for insights into pharmacy operations and enabling a direct communication channel from the pharmaceutical manufacturer to the pharmacy.

NEXUS 17 drew more than 200 pharmaceutical supply chain professionals and business leaders, representing over 120 unique companies from 21 different countries. The conference included educational content from 30 speakers, including esteemed keynote speaker, Dr Bertalan Mesko – “The Medical Futurist” and experts from Sanofi, Santen, Recipharm, Tjoapack, MIT and the European Medicines Verification Organisation (EMVO).

“There is tremendous value in connecting companies and trade partners together in an educational forum, allowing everyone to equally learn from collective wisdom. This year, NEXUS truly showcased the power of the network in the pharmaceutical supply chain – demonstrated through inspirational keynotes, dynamic breakout and roundtable discussions, and high attendee engagement during the networking sessions,” said Shabbir Dahod, president and CEO, TraceLink.

“As serialization deadlines fall into place, now is the time to leverage the foundation of an integrated network to enhance real-time communication and information exchange between all of the partners in the supply chain. By enabling the flow of serialization data between over 260,000 trade partners on our network, TraceLink is the only provider that can deliver the next step of capabilities by taking information and moving it end-to-end across the supply chain."

NEXUS 17 attendees also responded to questions about serialization preparation, challenges and trade partner readiness, indicating the following: