Rfid in Pharmacy …

RFID in pharmaceutic Industry In 2004, US Food and Drug Administration (FDA) has called for the carrying out of RFID technology to give chase the distribution of prescription(prenominal) drugs in order to protect the aesculapian supply compass from counterfeit drugs by 2007. Initially, California invoke Board of chemists shop has mandated RFID technology but later encompassing implementation date until 2015. In 2007, Kalorama study predicted in a theme that market for RFID solutions in pharmaceutical industry would expenditure around $3. bn by 2012, but this got affected by the current global recession, telephone extension given by California State Board of Pharmacy, and separate challenges regarding implementation of RFID. A new research report of Jan 2010 rewrite the market for RFID products and services in the pharmaceutical industry that it will be charge $884m (631m) in 2015. In 2008, RFID market was value around $112m and predicted value of around $884m in 2015, with a compound annual increase rate (CAGR) of 34 per cent. Of the current market, 60 per cent is believed to be generated by hardw ar, with the remain 40 per cent coming from computer software and services.RFID Cost As of today, a RFID tags, which is peaceful only ( commemorate-only) can store up to 2KB of selective discipline (96bit Serial Number), can legal injury up to 40 cents US. In pil impressioncase of an active tag (read and write) can bell between $5 to $10, depending upon the material and fount of tag. Benefits/Potentials of RFID Counterfeiting Help in bit against counterfeiting. The foundation Health Organization (WHO) estimates that most 6 part of the worlds drugs are counterfeit. Fake prescription drugs costs Pharmaceutical companies around US$30 jillion each year. Patient safetyThis is as well as related to counterfeiting, as fake drugs whitethorn look and feel like the sure thing, but they are not. A report by WHO indicated that about 93 percent of cases it track didnt have the recompense amount of active ingredients. Brand certificate Brand protection is very cardinal for drug manufacturers, as single product- fiddleing sequent can wreak long-term massacre on a companys reputation. Operational efficiency Easy to severalise expired or damaged products, and besides they can be monitored not to demean into another supply or order. Retailers and allocator can have a separate and clear understanding of inventory in wareho usages.RFID Drivers for the Pharmaceutical Industry RFID presents the electromotive force to ply tremendous benefits to the pharmaceutical and health mission industries. Some of the key benefits projected with the use of RFID include Drugs could be identified comfortably even if they are inside a container. Counterfeit drugs could be identified easily. self-assertion that the ID on the bottle has not been bad or mislabeled. Helps in keeping track for drugs expiry. Helps in fighting against products from being re-imported and resold at lower cost, which were exported to other developing countries. Unlike veto codes, RFID do not required to be in line-of-sight to read product information. If implemented across the whole supply chain, product causal agency and location can be tracked remotely. More information can be stored on RFID chip and unlike bar code prints, RFID chips can survive acetous conditions. Provides ability to reads more products per second as compare to bar code scan procedure, requiring less human involvement. Increased potential for reducing clinical trial time by reducing errors and improving spoken communication accuracy. pic RFID Challenges for the Pharmaceutical Industry Lack of standards in technology i. e. whole supply chain should be using same standard. unclear or poor aires case about return-on- commitment for pharmaceutical companies Wide spread deployment of RFID technology throughout the supply chain. Cost of implementing RF ID bag is very high, which is not attractive for distributors with low profit margin. Passive tag price ranges from 40 cents to $1 USD. A study retailer will have to invest around $400K at each distribution channel. Integration issue of RFID with current applications and proficient infrastructure. Concerns everyplace which RFID solution to pick which is on the table enough to accommodate multiple business processes. In case of hundreds of read per second, concerns over data quality and synchronization, if tag has been read multiple times or no read at all, or data error while reading and and so on Privacy and security concerns such as eavesdropping, tracking attack, fraudulent tags and readers, physical tamper attacks, denial of server (DOS) attacks, how much and what information drug manufacturer or supplier will store on tags and etcetera pic pic References ttp//www. tompkinsinc. com/publications/competitive_edge/articles/02-04-RFID_Pharma. asp http//www. ascet. com/do cuments. asp? d_ID=3435 http//www. rfidjournal. com/article/articleview/2435/1/1/ http//scm. ncsu. edu/public/facts/facs030123. htm http//www. aimglobal. org/technologies/rfid/rfid_faqs. aspl http//www. atkearney. com/index. php/Publications/busting-the-myths-of-pharma-rfid. html communicate frequency identification technology applications, skillful challenges and strategies by Suhong Li, John K. Visich, Basheer M. Khumawala, Chen Zhang.