Pharmaceutical Monitoring
Businesses that ship temperature-controlled assets are at risk to suffer severe financial losses due to lack of actionable, real-time condition and location information.
The Problem
The COVID-19 pandemic has exposed longstanding vulnerabilities in the cold supply chain and the critical need for real-time monitoring of temperature-sensitive medicine and vaccines. The theft of pharmaceutical products is a growing global problem. If it forces a manufacturer to recall products, the financial loss could be many times the value of the stolen products.
Our Solution
Our Stickershock™ IoT solutions provide real-time Condition, Location, Identity (CLI) information to ensure temperature requirements are maintained and to track the location of pharmaceutical products throughout the supply chain. Our solutions mitigate risk, providing a validated chain of custody from a product’s origin to its final destination.
Proactive Intervention
Our Stickershock™ IoT real-time Condition, Location, Identity (CLI) information, via our device platform, mobile apps and cloud, provides critical alerts to enable proactive intervention before high-value pharmaceutical products are damaged or lost. Thirty-three per cent of vaccines experience temperature excursions en route to their final destinations.
Value and ROI
Even a brief excursion outside designated temperatures can result in a loss of crucial medicine and vaccines along with severe financial losses. For pharmaceutical stakeholders, having the right technology can provide insights into greater resiliency, visibility and efficiency. Product quality, safety and compliance are essential and ensuring accurate, auditable chain of custody is critical for protecting the manufacturer’s brand integrity.