Calabasas, CA (PRWEB) July 31, 2013
The CA E-Pedigree Law will take effect on a staggered basis from January 1, 2015 until July 1, 2017. Enacted to safeguard the state’s prescription drug supply, the law requires all owners and buyers of prescription drugs to append an electronically created and maintained record (or pedigree) to track every sale and purchase as the drug moves through the supply chain from the manufacturer through wholesalers to the pharmacy or physician. Businesses will forfeit revenues in California if they did not comply with the Pedigree Laws in 2015.
Devendra Mishra, Executive Director of BSMA, remarked, “Companies that focus purely on achieving compliance will miss the opportunity to use regulation as a business driver. Although simple E-Pedigree systems are an important first step, significant improvement in the overall supply chain of the biotech industry and public safety would result from a more standardized and automated approach. Such systems with serialization, packaging with printing and vision, data interchanges between trading partners and incorporation of Track and Trace technology, have enormous ROI. BSMA is committed to helping its members in sourcing, procurement, clinical operations, manufacturing, quality assurance, packaging, warehousing, transportation, distribution and regulatory affairs to meet the challenges of complying with the impending law as well as deploying it for greater visibility and accountability.”
A recent research has indicated that “the ability to track and serialize unit level saleable packages (e.g. bottle of 25 pills), not just cases or pallets, can create business value in knowing exactly where their products are p
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