Navigation Links
LaserLock Technologies Applauds the U.S. House Passage of the Drug Quality and Security Act

WASHINGTON, Sept. 30, 2013 /PRNewswire/ -- LaserLock Technologies, Inc. (OTCBB: LLTI), a company involved in authenticating products and people, today expressed its support of the Drug Quality and Security Act passed by the U.S. House of Representatives. The bill would create a national set of standards to track pharmaceuticals through the distribution chain to help thwart the introduction of fake medication into the drug supply.

"We are pleased that the U.S. House is taking desperately needed measures to protect the American people from the threat of counterfeit pharmaceuticals and we strongly urge the Senate to do the same," said Neil Alpert, CEO of LaserLock Technologies. "We believe it is critical that government, the healthcare industry and authentication providers work together to solve this problem and our Characteristic Verification System is uniquely positioned to provide this kind of service."

The new law requires the Food and Drug Administration to implement an electronic system to trace pharmaceuticals throughout the supply chain at the unit level and establish a system of pilot projects in order to find the most cost-effective and secure technologies.

In April 2013, LaserLock Technologies testified to the Subcommittee on Health of the House Energy and Commerce Committee on the subject of securing the nation's pharmaceutical supply chain. The Company recommended a modern, innovative supply chain that combines the ubiquity of mobile devices, high-tech optics, secure anti-counterfeiting technologies and the development of authentication databases. In May 2013, Ron Guido, formerly the head Johnson & Johnson's anti-counterfeiting division, joined LaserLock Technologies to assist the Company in marketing its anti-counterfeiting and track and trace solutions to the pharmaceutical industry.

"When the FDA begins to implement this crucial program, LaserLock is looking forward to participating in pilot projects and public meetings with other industry stakeholders on how to best trace pharmaceuticals through the supply chain," said Michael Sonnenreich, Chairman of the Board of LaserLock Technologies . "LaserLock is uniquely positioned to play a leadership role in designing such a system."


LaserLock is a high-tech solutions company in the field of authenticating products and people. It offers state of the art solutions to combat counterfeiting and identity fraud for governments, health care providers, the gaming industry, the financial services industry and high-end retailers.

The company authenticates products, government documents, and currency with a suite of proprietary security inks and digital solutions that have never been compromised, making them safer than other anti-counterfeiting technologies such as holograms. LaserLock's anti-counterfeiting solutions protect the reputation and bottom-line of governments and businesses around the world.

The company authenticates people by performs strong, multi-factor identity validation via a patented digital platform called VerifyMeTM, which identifies an individual by requiring a shared secret (something you know), a physical token (something you have) and a biometric factor (something you are). The process takes less than five seconds and achieves military-grade authentication standards. As the world moves away from password-based authentication technology, LaserLock's VerifyMeTM platform offers a more secure and easier alternative for authenticating online identity.

To learn more, visit us at or follow us on Twitter @LaserLockTech.

Ann Marie Clements
Sage Communications (for LaserLock Technologies)

LaserLock Technologies

SOURCE LaserLock Technologies, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Micell Technologies Announces DESSOLVE I Manuscript Accepted for Publication in American College of Cardiologys Cardiovascular Interventions Journal
2. Life Technologies and Advanced Cell Diagnostics Sign Global Distribution Agreement
3. RF Technologies Introduces New CodeWatch Designs for Wandering Management Solution
4. Palatin Technologies, Inc. To Report Fiscal Year 2013 Fourth Quarter Results
5. Emerging Drug Delivery Technologies, Profiles of Start-ups and Early-Stage Companies
6. BioLife Solutions and SAVSU Technologies Announce Exclusive Distribution Agreement
7. BioSpecifics Technologies Corp. to Present at the Aegis Capital 2013 Healthcare Conference
8. Verde Environmental Technologies Wins National Contract from NIDA/NIH for Development of Home Drug Deactivation System
9. VisionCare Ophthalmic Technologies Secures Up To $15MM To Accelerate Growth Of Its Novel Treatment For Age-Related Macular Degeneration
10. Freudenberg-NOK Sealing Technologies Announces Screw Connections Based on Hygienic Design Consistently Achievable
11. Global Markets for Emerging Insulin Drug and Delivery Technologies - Focus on Syringes and Vials
Post Your Comments:
(Date:10/13/2015)... , Oct. 13, 2015   Micell Technologies ... DESSOLVE I and II trials of its MiStent Sirolimus ... ® ) were presented at the 27th Annual ... San Francisco , October 11-15. TCT ... cardiovascular medicine. MiStent SES was designed to optimize vessel ...
(Date:10/13/2015)... -- Health Gorilla ( ) today announced the launch ... secure platform for clinical data and communications poised to change ... healthcare in the US. The launch follows the closing of ... of $4.4M raised to date, with Data Collective ... Harris Barton , Orfin Ventures and ...
(Date:10/13/2015)... 2015 China Jo-Jo Drugstores, Inc. ... "), a leading China-based retail, wholesale and online distributor ... online and retail pharmacies, announced preliminary half year fiscal ... pharmacy through , growing 438% year over ... China Jo-Jo,s online sales are ...
Breaking Medicine Technology:
(Date:10/13/2015)... ... ... In an age where the cost of energy is rising, Susquehanna Health’s ... 2009. The Williamsport Regional Medical Center (WRMC) campus has grown 50 percent since 2010, ... , According to Facilities Management Administrative Director Dieter Reichmann, this is the result of ...
(Date:10/13/2015)... ... October 13, 2015 , ... A child without a healthy mouth is ... the leading remote invisible aligner system, has joined with Global Dental Relief ... For each aligner treatment plan purchased, SmileCareClub will donate one clinic visit to a ...
(Date:10/13/2015)... (PRWEB) , ... October 13, 2015 , ... Scientists in ... tissue biopsy in 18 patients with or without mesothelioma. Surviving Mesothelioma has just posted ... , The doctors from PhenoPath Laboratories in Seattle and the University of British Columbia ...
(Date:10/13/2015)... Miami, FL (PRWEB) , ... October 13, 2015 , ... ... announces the Driveway Snow Blanket, a snow melting invention that helps people in clearing ... $17 billion and will continue to grow at 3.8% per year," says Scott Cooper, ...
(Date:10/13/2015)... ... October 13, 2015 , ... With Fall weather approaching and holiday travel season ... Facebook Hair Styler Contest. , Enter to win! , How to Enter:, 1. ... Favorite Hair Style? , 3. Follow us on Instagram @thebeautyplace , 4. Share ...
Breaking Medicine News(10 mins):