Walmart and others will track prescription drugs on IBM's blockchain in an FDA pilot project
The United States Food and Drug Administration announced today that IBM, KPMG, Merck and Walmart will be included in a pilot project in support of the U.S. Drug Supply Chain Security Act . Together, these companies will address the requirements of the DSCSA to identify, track and trace prescription medicines and vaccines distributed within the United States.
While the DSCSA pilot will trace various vaccines and prescription medicines from Merck, each company involved brings unique expertise to the project, as well as prior experience in implementing blockchain solutions to enhance the safety and traceability of products. Merck, for example, already Blockchain’s innate ability within a private, permissioned network to provide an ‘immutable record’ makes it a logical tool to deploy to help address DSCSA compliance requirements, said Arun Ghosh, KPMG Blockchain Leader. The ability to leverage existing cloud infrastructure is making enterprise blockchain increasingly affordable and adaptable, helping drug manufacturers, distributors and dispensers meet their patient safety and supply chain integrity goals.
In particular, Kennedy notes that an important segment for Merck in the U.S. is their vaccine portfolio. While the intention for this pilot is to cover all Merck products, it’s especially crucial to demonstrate a clear transparency of vaccines as they leave the manufacture and are received at the final destination.
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