Pharma RFID Dispensing Authentication ...

Aegate is commercializing RFID-enabled authentication solutions for the pharmaceutical industry, which focuses on controls at the point of drug dispensing. ...

Pharma RFID Dispensing Authentication: Via Aegate: Aegate Moves Forward into Commercialisation Phase and Appoints Gary Noon as CEO ...

... "Aegate, a wholly owned subsidiary and specialist venture company for PA Consulting Group, has developed a commercially viable solution to combat one of the pharmaceutical industry's biggest and growing patient safety issues -- the trade in counterfeit and fake drugs. Authentication at the point of dispensing enables investment in mass serialisation security technologies such as bar code and RFID to be effectively leveraged as a brand protection mechanism. Sales of counterfeit prescription medicines are forecast to reach $75 billion by the end of the decade, nearly doubling current levels and outgrowing the annual growth rate of legitimate pharmaceutical sales. Following the outstanding success of Aegate's pilot programme in the UK, the company is now in the planning phase for commercial launch and roll-out in the USA, UK and Belgium during 2006. " ...