New industry research explores the greatest barriers to serialization success as companies across the pharmaceutical supply chain prepare for new regulations in the US and Europe.
The research, conducted by serialization system provider SEA Vision and life science technology specialist Zenith Technologies, highlights technology selection as the biggest challenge currently faced by the industry, cited by 28 per cent of respondents.
As the industry considers the implications of the European Falsified Medicines Directive (FMD), one quarter of respondents rated understanding global serialization requirements as the biggest challenge they face. Fourteen per cent are most concerned by the tight deployment timescales, while 12 per cent believe that resourcing the deployment of serialization systems and processes is the biggest barrier to compliance.
Other cited challenges include establishing lifecycle support for their systems (seven per cent) and selecting an implementation partner (seven per cent).
Commenting on the research, Carlos Machado, serialization director at SEA Vision US, said: "Preparing for serialization is a complex task and it is clear that the challenges that companies must overcome are wide ranging.
"Technology selection and implementation is key to project success, and flexibility and scalability are important factors to consider when selecting a serialization solution that is built for the future. Given the multiple technical and logistical challenges associated with implementing a solution, reputable providers should be able to demonstrate a concrete track record of working across varying global serialization architectures. We expect to see a growing reliance on third party support providers over the coming months as many pharmaceutical manufacturers lack the internal resource and expertise to face the challenge of serialization head on."
In 2016, SEA Vision and Zenith Technologies formed a global partnership to support pharmaceutical companies with the impending challenge of installing and integrating serialization across drug manufacturing sites.
The collaboration brings together Italian-based SEA Vision's serialization system along with global Zenith Technologies’ ability to integrate systems and deliver ongoing technical support at a local level.
The Evolution of Brand Protection: The Emergence of a New Generation and a Unique New Technology
StellaGuard™ Security Label from Covectra: Converging Smart Technologies To Provide Universal Brand Protection
Who’s Infiltrating Your Supply Chain?
The smartphone: a new tool to spot fake products
Leveraging anti-counterfeiting technology to secure the serialized supply chain for pharmaceuticals
How Manufacturers Should Work Closely with the Big 3 and HDMA Wholesalers to Comply with DSCSA in 2017 and Beyond - Part 2
How Data Standards, Serialization & Authentication Correlate in Coding of Products
Serialization for the Premium Beverage Industry: A Solution for Brand Integrity
Tamper-proof Pharmaceutical Packaging: FMD & the Future of Closure Seals Standardization
NEW REPORT: Taggants / Forensic Markers for Anti-Counterfeit, BP, Product Authentication, Diversion Detection & Overall Product Security
Security Paper Market by Security Feature, Application and Region - Global Forecast to 2021
Food Authenticity Market by Target Testing, Technology, Food Tested and Region - Global Forecast to 2022
Smart Label Market Analysis by Technology, by Component, by Application, by End-user & Segment Forecasts 2014 - 2025
Global Market Study on Holographic Films: Pharma End Use Industry Segment to Increase 2.2X in Terms of Value over Forecast Period
Pharmaceutical Packaging Market by Product Type - Global Opportunity Analysis and Industry Forecast, 2014-2022
Anti-Counterfeit Packaging Market by Technology, Usage Feature, End-use Sector and Region - Global Forecast to 2021
Europe Portable Counterfeit Detector Market Report 2016
Nano & Other Innovative Anti-Counterfeit Technologies 2016: 40 Anti-Counterfeit & Track-and-Trace Technologies for 15+ Industry Sectors
Global EPedigree Software Market 2016-2020
Pharmaceutical Anti-Counterfeiting Technologies Market Forecast 2016-2026: RFID, Taggants, Barcodes, Holograms/OVD & Others
Wines & Spirits - Anti-Counterfeit, Brand Protection & Product Authentication
The Future of Global Security Printing Markets to 2020
Food Traceability Technologies Market 2015-2025: EAN / UPC Barcodes, 2D QR Codes, RFID & RTLS
Luxury Accessories, Beauty & Apparel: Anti-Counterfeit & Brand Protection
Global Anti-counterfeit Packaging Market 2015-2019
World Anti-counterfeit Pharma & Cosmetics Packaging - Market Opportunities & Forecasts, 2014-2020
Anti counterfeit, brand protection & tamper evident solutions
Global Anti-Counterfeit Packaging Market in Security Documents & Event Ticketing: 2014-2020
Anti-Counterfeit Packaging Technologies Market Forecast 2014-2024 & Future Prospects for Leading Companies
Mobile Advertising / Promotions and Consumer Enabled Product Authentication with Smart Phones
20th Anti-Counterfeiting & Brand Protection Summit
Jan.29-31, 2018 - San Francisco (CA), USA
Pharmapack Europe 2018
Feb.07-08, 2018 - Paris, France
Feb.22-23, 2018 - Las Vegas (NV), USA
Food Fraud 2018: A global insight
Mar.01, 2018 - London, UK
4th Anti-Counterfeiting Pharma 2018
Mar.06-07, 2018 - London, UK
Anti-Counterfeiting Forum 9th Annual Seminar
Mar.15, 2018 - Farnborough, UK
Pharma Security World 2018: "Anti-counterfeiting and Brand Safety"
Mar.20-21, 2018 - London, UK
Global Illicit Trade Summit 2018: Out of the shadows
Mar.22, 2018 - Kuala Lumpur
Apr.17-19, 2018 - New York (NY), USA
4th Global Brand Protection EU Innovation Programme (GBPIP)
Apr.26-27, 2018 - London, UK
May 29 - June 01, 2018 - Milan, Italy
Jun.25-27, 2018 - London, UK
Sep.2018 (dates tbc) - Switzerland
Anti-Counterfeit & Currency Expo (ACCE)
Nov.06-08, 2018 - Las Vegas (NV), USA