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Biotech & BioPharma Professionals: CA Board of Pharmacy Executive, Virginia Herold, to Deliver Keynote at BSMA Annual Biotechnology Conference Oct 8-9
Date:7/31/2013

urchased can do the following”:
1. “Minimize cost of chargebacks through 100% accurate adjudication. Chargebacks account for 2-15% of gross revenue for a pharmaceutical manufacturer.”
2. “Minimize risk by increasing accuracy in Medicare/Medicaid pricing calculations by fully knowing all fees, rebates, and chargebacks that should be applied to a specific unit sale. Over $4B in fines have been handed down for improperly calculating Medicare/Medicaid pricing.”
3. “Limit liability of having to recall entire lots of product because a (non-serialized) shipment was stolen.”
4. “Achieve visibility for manufacturers in the labyrinth that is the wholesale distribution network to more accurately forecast demand and measure sales and marketing.”

Furthermore, the production of substandard and fake drugs is a vast and under-reported problem, particularly affecting poorer countries. The FDA estimates that fake drugs comprise approximately 10% of the global medicine market. Compounding the problem is the theft and illegal diversion of medical products in the supply chain. Considering the consequent loss of life and the economic incentive for these illegal activities, the justification for Pedigree and Serialization is compelling but it requires the collaboration of all stakeholders of the biopharma industry.

Hear the details in person. Join our supply chain COMMUNITY of thought and practice leaders from the business, professional association and academic sectors to engage information exchange, shared services, and collaboration.

Reserve Your Seat Now! Registration is open. Click on the red Register Now button on the website below.

About BSMA: The Bio Supply Management Alliance (BSMA), which organizes the Conference, was born of the need to create a worldwide community of operations and supply chai
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