PR: PragmatIC and Schreiner MediPharm announce strategic partnership

PragmatIC, a world leader in ultra-low-cost flexible electronics, and Schreiner MediPharm, a leading provider of specialty labels for the pharmaceutical and medical device industry, have entered into a strategic partnership to add smart labels based on PragmatIC’s ConnectIC® family of flexible integrated circuits into Schreiner MediPharm’s product portfolio.

”PragmatIC’s unique solutions will enable us to add connectivity and intelligence to a much wider range of products than was previously possible”, said Dr Thomas Schweizer, President of Schreiner MediPharm. “We are developing innovative smart labels for packaging and multiple device types that will improve usability and safety for both patients and healthcare professionals.”

The use of RFID in the pharmaceutical industry offers a variety of applications through the assignment of a unique ID, which is practically non-reproducible. For instance, secure identification and traceability of individual products in devices and processes. But to date it mainly has been adopted only in high value use cases because of cost. The revolutionary ConnectIC devices deliver RFID solutions at the lowest cost point in the market, sweeping away the cost issue. In addition, FlexICs are ultra-thin and flexible, which makes them suitable for embedding into a wide range of substrates used for the innovative functional labels of Schreiner MediPharm.

“This partnership with Schreiner MediPharm highlights how our ground-breaking ConnectIC product line is set to accelerate the deployment of RFID-based digital solutions in the healthcare sector,” commented Scott White, CEO of PragmatIC. “We are really pleased to see adoption of our technology by leading global suppliers like Schreiner MediPharm and look forward to working closely with them to develop new use cases for their products.”

About PragmatIC

PragmatIC is a world leader in ultra-low-cost flexible electronics, enabling the potential for trillions of smart objects that can engage with consumers and their environments. Our unique technology platform delivers flexible integrated circuits (FlexICs) that are thinner than a human hair and can be easily embedded into everyday objects. PragmatIC's solutions provide the opportunity to add new functionality, as well as extending proven applications such as RFID and NFC into mass market use cases previously prohibited by the cost of traditional silicon ICs. Our novel, differentiated products are being adopted by a growing base of global companies across diverse markets, including consumer goods, games, retail, pharmaceutical and security sectors. PragmatIC's first product family, the ConnectIC® series of RFID FlexICs, was launched in February 2019. Within 2 months we received orders for over 20 million units from customers in Europe, North America and Asia, endorsing it as the ideal solution for introducing connectivity into mass market applications. PragmatIC is headquartered in Cambridge, UK, with our first billion-unit production facility in Sedgefield, County Durham. Shareholders include Cambridge Innovation Capital, Arm and Avery Dennison.

About Schreiner MediPharm

Schreiner MediPharm, a business unit of Schreiner Group GmbH & Co. KG based in Oberschleissheim near Munich, is a leading developer and manufacturer of innovative, multifunctional specialty labels and marking solutions with value-added benefits for the pharmaceutical and medical device industry. Thanks to its strong solutions expertise and specialized know-how Schreiner MediPharm is a highly capable development partner and reliable quality supplier to leading pharmaceutical companies worldwide.