12 May Verify Brand Announces New Client Win in Pharma
MINNEAPOLIS, Minn.—Verify Brand announced today that it has been selected as the Drug Quality and Security Act (DQSA) serialization and traceability software provider for a global pharmaceutical company specializing in biological medicinal products. The pharmaceutical company’s products currently treat hundreds of thousands of patients with serious and rare diseases.
Verify Brand was selected to help the pharmaceutical company achieve compliance with the FDA’s DQSA legislation–part of the Drug Supply Chain Security Act (DSCSA)–on the strength of its best-in-class serialization and traceability platform. For more than a decade, the Verify Platform has delivered supply chain security to some of the world’s best-known brands by generating data-driven insights into a product’s manufacturing, distribution and authentication history.
“As a pioneer in the item-level serialization space, we’re excited about the benefits the pharmaceutical industry and its consumers will reap from our patented serialization and traceability software,” said Verify Brand CEO, Michael Howe. “Since 2004, when we helped one of the world’s biggest pharmaceutical and medical products companies overcome a serious counterfeiting problem, the Verify Platform has been used in many industries to help brands fight counterfeiting and supply chain diversion, as well as meet a variety of government regulatory requirements like DQSA.”
The selection of Verify Brand’s cloud-based solution is the result of an exhaustive RFP process sent to serialization solution providers worldwide. Going forward, Verify Brand will help the global pharma company integrate its CPO and 3PL network, serialize and track products, and ensure compliance with U.S. DQSA and other global regulations.
“Our new customer win further demonstrates our position as a proven, quality-focused serialization leader, with audit-tested processes and solutions for DQSA compliance,” said Howe. “Time and again, we’ve demonstrated our commitment to executional excellence and ability to deliver—on time and on budget. We’re extremely pleased to be partnering with this world-class organization in the pharma industry.”
Verify Brand will start providing serialization and traceability services to the pharmaceutical company this month in order to meet the law’s 2017 deadlines.