Unisys gears up to market ActiveInsights PharmaTrack to boost pharmaceutical Supply Chain
Unisys has launched ActiveInsights PharmaTrack, new software that combines leading security, advanced data analytics and compliance technology. This is on a single, unified platform to provide life sciences and healthcare companies enhanced visibility and oversight of the entire global supply chain to help combat theft and counterfeit drugs. ActiveInsights PharmaTrack is now available globally.
“When we started talking to people involved in pharmaceutical supply chain management, we quickly realized that Unisys already had developed the technologies in other industries required to address longstanding problems in pharmaceuticals,” said Dr. Jeff R. Livingstone, vice president and global head, Life Sciences and Healthcare, Unisys.
“We then started right away to work with the Unisys Travel & Transportation group and other teams to successfully adapt their technologies for our Life Sciences clients,” he added.
According to the World Health Organization, dangerous counterfeit drugs make up more than 10 percent of the drug market worldwide. In addition, supply chain theft and materials erroneously compromised by poor environmental quality controls can cost manufacturers billions of dollars annually and likewise put their patients at risk. PharmaTrack helps secure the supply chain by leveraging Unisys’ leading cross-platform analytics to identify and pre-empt fraudulent activity, issuing immediate alerts when product authentication fails, said the company.
PharmaTrack also enables track-and-trace capabilities so companies can verify product shipping information, monitor temperature issues and other environmental factors affecting drug viability and flag potentially counterfeit product at any point in the supply chain. All data tracked and transmitted through PharmaTrack is protected by Unisys’ state-of-the-art Unisys Stealth micro-segmentation security software, preventing unauthorized access while maintaining the confidentiality of shipping contents.
It can be seamlessly integrated with existing logistics management systems. Its customizable and interactive dashboards allow providers to assess differential routing to determine optimal operations. In addition, it also helps ensure compliance with present and impending US and European regulations, which require drug manufacturers to serialize their products and electronically transmit transaction information, histories and statements.
“PharmaTrack is a first-of-its-kind solution and a true game-changer for the life sciences and healthcare industry,” said Kelly Cook, vice president and global head, Commercial Sector, Unisys.
“With our extensive domain expertise, we are uniquely positioned to understand and address the most critical challenges facing pharmaceutical companies today. The root cause of most of the counterfeiting, theft and loss companies face is due to the fact that many of the existing systems within the supply chain do not communicate with each other, creating disparate and non-contiguous information sharing,” said Dr. Livingstone.