Per the agreement, Chronicled’s MediLedger blockchain solution will serve as an integral part of the SAP Information Collaboration Hub for Life Sciences, a program designed to ensure patient safety and security for supply chain customers.
SAP’s collaboration hub verifies the authenticity of medicine packages that are returned to wholesale distributors from hospitals and pharmacies. By adopting a blockchain platform, SAP will be able to improve information sharing across the industry’s wide network.
The MediLedger lets users see verification routing within the collaboration hub. The goal is to leverage the blockchain solution to detect potential counterfeit products and, therefore, improve patient safety.
More articles on supply chain:
VA, Defense Department to partner on supply-ordering to cut waste, fraud
How US-China trade tensions are affecting the medical device industry
AmerisourceBergen to close California distribution center, cut 100 jobs
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit