Some major pharmaceutical companies say that blockchain technology is a feasible data architecture system to track pharmaceutical products through the supply chain, yet in order to ensure its successful use, different blockchain systems need to be compatible. There also need to be new standards on how to communicate product identifier status and recalls through the blockchain.
These recommendations emerged from a pilot project that explored the feasibility of using blockchain technology. The 25 participants in the pilot represented a broad swath of industry stakeholders, including 10 manufacturers: Eli Lilly & Co., Amgen Inc., Endo Ventures Ltd., Genentech Inc.Gilead Sciences Inc
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