Pharma serialization is a process of marking pharmaceutical products with a unique identifier to help prevent counterfeiting and diversion. It can also be used to trace the product back to its manufacturer, which is important for quality control purposes.
What are the Benefits of Pharmaceutical Serialization?
The benefits of pharmaceutical serialization are many. For one, it allows for a more accurate inventory and audit of all the products that are being sold in a pharmacy. Pharmaceutical serialization is an important step in the process of drug distribution. It is a way for the manufacturer to identify and track their product from production to sale.
This helps ensure that drugs are not stolen or sold without any consequence. Furthermore, serialization enables pharmacists to know when they are running low on certain drugs so they can order more before it is too late. Serialized drugs also help pharmacists with inventory management as they can see what products have been used or expired and which ones are still in stock.
Serializing Your Products for Compliance in the EU for Drug Supply Chain Integrity
The European Union (EU) is one of the most regulated regions in the world and a company that operates within its borders must comply with all regulations. The EU’s legislation on the distribution of medicinal products for human use is known as Council Regulation (EC) No. 1394/2007. This regulation applies to any medicinal product, whether it be a prescription drug or over-the-counter medication, and any drug supply chain participant, including manufacturers, wholesale distributors, pharmacies, hospitals and laboratories.