Reduce anticounterfeit medicines with a tracking system

 Reduce anticounterfeit medicines with a tracking system 

Counterfeit medicines are a threat to the healthcare sector. These medicines look very similar to the original medicine and are therefore consumed unknowingly by many innocent people. Counterfeit medicines contain harmful constituents Track and Trace solutions which cause side effects like nausea, vomiting, and diarrhea. Still, the business is rapidly growing at the rate of 20% every year. 

The cause of growth in the sales of counterfeit is due to high drug demand, low supply rate, low prices of the drugs, hoarding culture, and easy availability of fake drugs. With a drug track and trace system, the drug manufacturer will get real-time details about the location of the package. It is expected that with a track and trace system, hoarding of medicines. Track & Trace easy With business intelligence, your company will be able to have better quality control which will, in turn, enhance the brand’s reputation. This will result in customer retention and help in cost reduction. medGrids have developed an NFT-enabled drug track and trace system called measure which provides a single QR code for track and trace of drugs. 

one-stop solution to the healthcare chain

 one-stop solution to the healthcare chain 

The biggest obstacle in healthcare is the spread of counterfeit medicines. It is a result of improper  Supply chain Management in Healthcare. With a real-time tracking system, the drug manufacturer will get real-time updates. 

What solution does med Grids provide?

MedGrids provide excellent solutions to pharma companies with their unique solutions. medGrids have developed NFT-based software for Business Intelligence. MedSure is one of the products created by medGrids that provides a single QR code to manage each and every stage of shipping to delivery of the product. With medShare, you can maintain your business’s integrity and values. 

Features of medSure 

• NFT-based for zero breach

• Real-time tracking to reduce counterfeiting and malicious activities 

• Transparency of the product 

• Reduced costs on Product Recall, Package Inserts, and Dealer Incentives

• End-to-end secure supply chain 

• Boosts Consumer Retention and maintains brand integrity

• A single QR code to authenticate your medicine

For any further queries and requests contact us at:              

Email

- info@medgrids.com

Website

- https://www.medgrids.com/

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medGrids have developed a brilliant solution for the pharmaceutical supply chain management. medShare decreases the chances of drug counterfeiting to zero by its trace and track feature to the manufacturer. The data which the manufacturer will be raw and unhampered. The chain will be breach free as it is NFT enabled for compliance and integrity of the product.