Rfid in Pharmacy …

RFID in Pharmaceutical constancy In 2004, US Food and Drug Administration (FDA) has called for the implementation of RFID engineering science to track the scattering of ethical drug drugs in order to protect the medical supply set up from counterfeit drugs by 2007. Initially, California State add-in of Pharmacy has mandated RFID technology but later extended implementation date until 2015. In 2007, Kalorama data predicted in a report that market for RFID solutions in pharmaceutical patience would worth around $3. bn by 2012, but this got affected by the genuine global recession, extension given by California State Board of Pharmacy, and other challenges regarding implementation of RFID. A new research report of Jan 2010 revise the market for RFID products and services in the pharmaceutical industry that it go out be worth $884m (631m) in 2015. In 2008, RFID market was worth around $112m and predicted tax of around $884m in 2015, with a compound annual growth appraise (C AGR) of 34 per cent. Of the current market, 60 per cent is believed to be generated by hardware, with the rest 40 per cent coming from software and services.RFID woo As of today, a RFID tags, which is passive only (read-only) can store up to 2KB of data (96bit ordered Number), can cost up to 40 cents US. In strip of an lively tag (read and write) can cost between $5 to $10, depending upon the material and sheath of tag. Benefits/Potentials of RFID Counterfeiting Help in fighting against counterfeiting. The World Health Organization (WHO) estimates that virtually 6 percent of the worlds drugs are counterfeit. Fake prescription drugs costs Pharmaceutical companies around US$30 billion from each one year. Patient safetyThis is also related to counterfeiting, as fake drugs whitethorn look and feel like the real thing, but they are not. A report by WHO indicated that round 93 percent of cases it tracked didnt have the correct amount of active ingredients. commemorate protection Brand protection is very important for drug manufacturers, as single product-tampering consequent can wreak long-term havoc on a clubs reputation. Operational efficiency Easy to identify expired or damaged products, and also they can be monitored not to enter into other supply or order. Retailers and distributor can have a go and clear understanding of inventory in warehouses.RFID Drivers for the Pharmaceutical Industry RFID presents the capableness to provide tremendous benefits to the pharmaceutical and health care industries. Some of the expose benefits projected with the use of RFID include Drugs could be identified easily change surface if they are inside a container. Counterfeit drugs could be identified easily. effrontery that the ID on the bottle has not been forged or mislabeled. Helps in tutelage track for drugs expiry. Helps in fighting against products from being re-imported and resold at lower cost, which were exported to other developing countries. Unlik e bar codes, RFID do not required to be in line-of-sight to read product information. If implemented across the whole supply chain, product movement and location can be tracked remotely. More information can be stored on RFID deterrent and unlike bar code prints, RFID chips can survive harsh conditions. Provides powerfulness to reads more products per second as compare to bar code examine procedure, requiring less human involvement. Increased potential for reducing clinical audition times by reducing errors and improving delivery accuracy. pic RFID Challenges for the Pharmaceutical Industry Lack of standards in technology i. e. whole supply chain should be using same standard. Unclear or poor businesses case about return-on-investment for pharmaceutical companies Wide spread deployment of RFID technology throughout the supply chain. Cost of implementing RFID infrastructure is very high, which is not attractive for distributors with low profit margin. peaceable tag price ranges from 40 cents to $1 USD. A major retail merchant will have to invest around $400K at each distribution channel. Integration issue of RFID with current applications and technical infrastructure. Concerns over which RFID solution to find fault which is flexible enough to accommodate ninefold business processes. In case of hundreds of read per second, concerns over data quality and synchronization, if tag has been read multiple times or no read at all, or data error while reading and etc. Privacy and security concerns such as eavesdropping, tracking attack, fraudulent tags and readers, physical tamper attacks, denial of innkeeper (DOS) attacks, how much and what information drug manufacturer or supplier will store on tags and etc. pic pic References ttp//www. tompkinsinc. com/publications/competitive_edge/articles/02-04-RFID_Pharma. asp http//www. ascet. com/documents. asp? d_ID=3435 http//www. rfidjournal. com/article/articleview/2435/1/1/ http//scm. ncsu. edu/public /facts/facs030123. htm http//www. aimglobal. org/technologies/rfid/rfid_faqs. aspl http//www. atkearney. com/index. php/Publications/busting-the-myths-of-pharma-rfid. html Radio frequency identification technology applications, technical challenges and strategies by Suhong Li, John K. Visich, Basheer M. Khumawala, Chen Zhang.