Pharmaceutics & Novel Drug Delivery Systems

Blockchain-Pharmaceutical Advancements

Block chains can be used to trace the origin of pharmaceuticals, the transport of drugs, and the procurement of raw materials. Block chain technology also reduces the number of intermediaries involved in the pharmaceutical process, thereby reducing costs and improving safety.
Block chain can enable companies throughout the prescription drug supply chain to verify the authenticity of medicines, expiry dates and other important information. Proponents of Block chain technology say we're on the cusp of a revolution in health care. They envision a future where doctors and institutions share medical records easily, and patients control their personal data rather than letting tech companies harvest our data for free and sell it for profit.