TraceLink works with life sciences supply chain companies to protect patients and save lives, transforming the way that the industry does business with innovative track and trace solutions. TraceLink is dedicated to helping our customers – from 16 of the top 20 global pharmaceutical companies to corner pharmacies – enable the global distribution of safe drugs and achieve compliance in the most cost effective way.
In today’s life sciences supply chain, illicit activity is thriving: the counterfeit drug market generates 75 billion dollars of business and kills hundreds of thousands of people each year. More than 40 countries have responded with new laws that will, by late 2018, regulate 75% of the world’s prescription medications as they travel through the supply chain.
To achieve compliance, supply chain participants must master the unique track and trace requirements for each country in which they do business; implement a system capable of generating, managing, and storing unprecedented volumes of regulated data; and exchange that data with trade partners and government agencies.
