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1 Promoting Safe Medicine With Track and Trace Systems 1 Promoting Safe Medicine With Track and Trace Systems

1 Promoting Safe Medicine With Track and Trace Systems - PowerPoint Presentation

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1 Promoting Safe Medicine With Track and Trace Systems - PPT Presentation

SRC Technologies Inc In keeping with the intent of this conference the following presentation is solely intended to provide information to participants on the efficacy of track and trace technology in promoting safe medicine practices The presenters have a financial interest in SRC Technolo ID: 736158

src technologies supply drug technologies src drug supply trace prescription chain track technology drugs standards products system public information

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Slide1

1

Promoting Safe Medicine With Track and Trace Systems

SRC Technologies, Inc

.Slide2

In keeping with the intent of this conference, the following presentation is solely intended to provide information to participants on the efficacy of track and trace technology in promoting safe medicine practices. The presenters have a financial interest in SRC Technologies, Inc, a technology company providing advanced knowledge based solutions within the government, healthcare and financial sectors.Slide3

The Quest for Safe Medicine3

SRC Technologies, Inc.Slide4

Benefit of Medicine in Our Lives

Healing of Illnesses

Preventing more expensive interventions

Helping maintain quality of life under incurable illnesses

SRC Technologies, Inc

.Slide5

Growth of Prescription Drug Use

From 1994 to 2005, US drug purchases rose 71% compared to population growth of 9% - Kaiser Family Foundation

National prescription drug expenditures:

In 1990

= $40B

In

2005 = $200B

SRC Technologies, Inc

.Slide6

Dark Side of Prescription Drug Use

Prescription drug

abuse

Drug diversion

Counterfeit drugs

Insurance fraud

SRC Technologies, Inc

.Slide7

Michael Dobrushin is led in handcuffs from FBI headquarters Oct, 13 in New York. He is one of 73 people across the United States charged in what federal prosecutors say is the largest Medicare fraud on record.

SRC Technologies, Inc

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Overseers of Public Safety

Regulatory Agencies

Legislators

Watchdog groups

SRC Technologies, Inc

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Food and Drug Administration

Mandate: Protecting consumers and enhancing public health by maximizing compliance of FDA regulated products and minimizing risk associated with those products.

SRC Technologies, Inc

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Drug Enforcement Agency

Mandate: To enforce the controlled substances laws and bring to the criminal and civil justice system those involved in the growing, manufacture, or distribution of controlled substances destined for illicit traffic in the US.

SRC Technologies, Inc

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Environmental Protections Agency

Mandate: The mission of EPA is to protect human health and the environment.

SRC Technologies, Inc

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Recent LegislationSRC Technologies, Inc.

HR 3580 – The Food and Drug Administration Amendment Act of 2007

GOAL

- Bolstering public safety by ensuring the integrity and authenticity of pharmaceutical products through better supply chain management.Slide13

HR 3580

(Sec. 913) Requires the Secretary to: (1) develop standards to secure the drug supply chain against counterfeit, diverted, sub-potent

, substandard, adulterated, misbranded, or expired drugs; (2) prioritize and develop standards for the identification, validation, authentication, tracking, and tracing of prescription drugs; (3) develop a standardized numerical identifier for prescription drugs; and (4) expand and enhance resources and facilities for enforcement of this Act to secure the drug supply chain.

SRC Technologies, Inc

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Safe Medicine Stakeholders

Regulatory Agencies

Pharmaceutical

Manufacturers

Healthcare Providers

Consumers

SRC Technologies, Inc

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Track and Trace Systems

SRC Technologies, Inc.Slide16

Track and Trace Systems

SRC Technologies, Inc.Slide17

The Role of Technology

Many of the stakeholders don’t understand how technology can help them accomplish their mission and promote the public good.

SRC Technologies, Inc

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Key Features of an EffectiveTrack and Trace System

Authentication

Verification

Automation

Interoperability

Visibility

Immediate reporting capability

SRC Technologies, Inc

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Product AuthenticationSRC Technologies, Inc.

Comprehensive tracking involves cataloguing information on

all

of the different ingredients that make up an individual drug unit (e.g., pill or capsule) throughout the manufacturing process.Slide20

VerificationSRC Technologies, Inc.

Once manufactured, individual drug dosages must be packaged in verifiable lots for shipping and delivery.Slide21

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The key to ensuring the quality, integrity and availability of health care goods is the ability to track and trace individual items throughout their complete life-cycle from manufacturing to disposal.

The Auto-ID technology and information infrastructure will change the management and distribution of pharmaceutical products within the health care industry by enabling item level product traceability functionality throughout the supply chain.

Automation: Auto ID TechnologySlide22

InteroperabilityThe GS1 Standard

GS1 is an international not-for-profit association dedicated to the design and implementation of global standards and solutions to improve the efficiency and visibility of supply and demand chains globally and across sectors and industries.

The GS1 system of standards is the most widely used supply chain standards system in the world.

SRC Technologies, Inc

.Slide23

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Supply Chain VisibilitySlide24

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State databases for monitoring prescriptions provide extended visibility through the drug delivery phase

Prescription Drug Monitoring ProgramsSlide25

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Models:

Dropoff

vs. Mail-in programs

Regardless of the program model, track and trace technology enhances drug return programs

Disposal of U

nused

Prescription DrugsSlide26

Advantages of Track and Trace

Authentication of product integrity

Verification of supply chain security

Increased barriers to counterfeit drugs

Better drug diversion controls

Improved information on drug disposal

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.Slide27

Benefits To Stakeholders

Efficient supply chain management

Counterfeit reduction

Diversion control

Efficient regulatory compliance

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.Slide28

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Questions & Comments

SRC Technologies, Inc

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Thank You for Attending

This Presentation