WuXi PharmaTech and TruTag complete testing of edible on-dose drug tracking system
China’s largest contract research organization WuXi PharmaTech (NYSE: WX) and Hawaii-based TruTag Technologies, the developer of an edible, covert security platform to address the trillion dollar global counterfeit challenge, have successfully completed joint testing of TruTag's on-dose authentication solution.
TruTags offer a unique solution for drug manufacturers, allowing a digital scan of a drug to confirm its authenticity and reveal provenance information such as manufacturing location, dosage, images of packaging, expiration date, supply chain data, and lot or batch number. WuXi and TruTag Technologies announced their alliance in 2014, including an investment by the WuXi Venture Fund in TruTag.
Benefits for drugmakers
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