Unisys Corporation has launched PharmaTrack – new software which it says combines leading security, advanced data analytics and compliance technology in a single, unified platform.
The IT provider says it provides life sciences and healthcare companies “enhanced visibility and oversight of the entire global pharmaceutical supply chain” and thus help combat theft and counterfeit drugs.
This is new addition to the Unisys ActiveInsights suite of solutions arose from an overlap of industry needs between two industries in which Unisys says it has deep domain expertise: life sciences and healthcare, and travel and transportation.
Unisys vice president and global head of life sciences and healthcare, Jeff R. Livingstone says: “When we starting talking to people involved in pharmaceutical supply chain management, we quickly realised that Unisys already had developed the technologies in other industries required to address longstanding problems in pharmaceuticals.
“We then started right away to work with the Unisys Travel & Transportation group and other teams to successfully adapt their technologies for our life sciences clients.”
According to the World Health Organization, dangerous counterfeit drugs make up more than 10 per cent of the drug market worldwide. In addition, supply chain theft and materials erroneously compromised by poor environmental quality controls can cost manufacturers billions of dollars annually and likewise put their patients at risk.
Unisys says PharmaTrack helps secure the supply chain by leveraging Unisys’ leading cross-platform analytics to identify and pre-empt fraudulent activity, issuing immediate alerts when product authentication fails.