The packaging industry supports pharmaceutical and health sectors, with serialization playing a transformative role in ensuring compliance with regulations.
Antares Vision Group has implemented a traceability solution for cosmeceutical skin care provider Episciences, Inc., addressing supply chain visibility and gray market diversion challenges. The system was developed by ACSIS, a business unit of Antares Vision Group.
Track and trace solutions are critical for product safety, preventing counterfeiting and achieving supply chain transparency. These companies are making names for themselves in the sphere of traceability and serialization.
The global track and trace solutions market is expected to reach $28.9 billion by 2032, with companies in various industries utilizing these solutions for production and sales tracing and compliance. Notable firms such as MM Packaging, Antares Vision Group, and Deitz Co. have developed innovative solutions for these needs.
The pharmaceutical industry’s understanding of serialization is maturing as companies slowly begin to recognize the added business value supply chain traceability can provide. Historically, the industry’s focus on serialization has been driven by the need to satisfy evolving regulations. However, companies are realizing that the benefits of traceability extend beyond compliance.
A new partnership has formed between S-One Labels & Packaging and VerifyMe Inc., a technology solutions company that markets a broad patent portfolio and proprietary products that provide identifiers and serialization for authenticating, tracking and tracing functions for labels, packaging, and products.
For companies involved in pharmaceutical packaging, 2018 looks like it will be a year of scrambling to meet new regulations on serialization, safety and security, while at the same time responding to market demands for personalized care and generational requirements.
Adents, a leading provider of premier and versatile serialization and track & trace solutions, is utilizing Omega Design’s Remote Integration Program to offer the Intelli-Code Carton Coding & Inspection System for the printing of unit-level data on individual cartons via thermal ink jet or laser printing.