MediLedger, a working group comprising 25 major companies operating in the pharmaceutical supply chain has completed a pilot program with the US FDA. 25 leading pharmaceutical manufacturers, distributors, logistic partners, and other representatives of the pharma supply chain have published a report arguing in favor of adopting blockchain technology to track and trace prescription drugs […]
Continue Reading
German big pharma and Monsanto’s owner Bayer partners with Alipay operator Ant Financial to develop a blockchain solution for the food and crop industry. Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry. Letter of intent Enterprise blockchain news […]
Continue Reading
Following Amazon’s acquisition of PillPack in June, Morgan Stanley Analyst Javier Martinez noted that the eCommerce retailer could take on the drugstore market in Brazil. Such a move could bring competition for Brazil drugstore operator Raia Drogasil SA, which is already planning to open 240 stores, Bloomberg reported. “We argue that investors should start considering potential […]
Continue Reading
Six out of 10 pharma companies are now using or experimenting with blockchain technologies, according to a new study by the not-for-profit Pistoia Alliance. The survey of 170 life science and pharmaceutical professionals found that 60% have active interests in the technology, as compared to just 22% when asked in 2017. However, that left 40% […]
Continue Reading