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FDA regulation requires barcodes on pharmaceutical packages

The FDA has approved a new regulation requiring pharmaceutical producers to include a bar code on all immediate-release medicine packages. Initially, nurses scanned the barcodes to ensure that patients were receiving the proper drugs. Barcodes might be used by robotic systems for stock, pick, and verification operations. Fresenius Kabi is the first pharmaceutical business to include data matrix barcodes (2D) on all of its products. The objective is to improve drug safety and patient care by streamlining procedures throughout the institution. “I hope the rest of the drug industry will follow,” Marvin Neuenschwander remarked.

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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises healthcare providers such as hospitals, pharmaceuticals, and related life sciences. Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Top 5 trends include: Personalisation of patient care, new healthcare delivery models, convergence of food and health, increased global collaboration, and cloud-based electronic health records. HealthGeniuses.com is a business newsletter that curates latest innovations and disruptions in the Top 5 healthcare industry trends above from 100+ journals globally. Sign up to our weekly newsletter
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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises patients and healthcare providers such as hospitals, pharmaceuticals, and related life sciences.

Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Our weekly business newsletter covers innovations and disruptions in the Healthcare industry with global coverage.

HealthGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

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