RFID Pharmaceutical Solution: Acsis Speeds Time To ePedigree Compliance For Pharmaceutical Industry With PharmaTrak 2.0

Acsis, Inc., a leader in track and trace solutions for supply chain safety, security and efficiency, recently announced the availability of PharmaTrak 2.0, the first preconfigured serialized track and trace solution developed specifically for pharmaceutical manufacturers, co-manufacturers and distributors. PharmaTrak 2.0 manages serialized drug product in warehouse and distribution centers to support the ability to generate ePedigree documents, automate product movement and transfers as well as support track, trace and product authentication through the supply chain.

PharmaTrak 2.0 was developed from the ground up to be a fully integrated serialization and supply chain process automation product for SAP pharmaceutical customers looking for quick, inexpensive, unobtrusive, compliant technology that can track activity from warehousing and distribution to the point of patient dispensation. It serializes, automates and tracks intra- and inter-enterprise movement and storage of finished goods through serialized barcodes and RFID tag labeling.

"The pharmaceutical industry is at a very early stage in conforming to patient safety regulations, and there are still many standards and questions to be resolved," said Ann Grackin, Managing Director of Global Risk Intelligence Supply Chain Consulting at Marsh Advisors. "What Acsis has done with PharmaTrak 2.0 is give the industry a serialized distribution solution that enables them to quickly become compliant with government regulations and provides them with the scaleability and flexibility to easily incorporate emerging standards and requirements."

To date, pharmaceutical organizations have been unable to find an out-of-the-box solution that offers an acceptable way to quickly and simply address looming state and federal mandates. Acsis' PharmaTrak 2.0 is a proven, first-of-its-kind warehousing and distribution serialization and process automation product that provides:

• pre-built serialization, warehousing and distribution processes based on industry best-practices case, pallet and shipment serialization, product movement and transfer automation;
• integration with third party EPCIS and ePedigree software and facilitation of RxASN and pedigree document generation;
• both barcode and RFID serialization support;
• mixed serialized and non-serialized product shipments;
• support for fixed mount and mobile devices;
• scalable architecture for evolving implementations: pilot through multi-product, multi-site environments;
• support for 21 CFR Part 11 validation;
• out-of-the-box integration with third-party software for EPC number management, e-Pedigree software and ERP systems.

"PharmaTrak 2.0 is the only generally available product to serialize warehousing and distribution operations in the pharmaceutical industry," said Andre Pino, chief marketing officer, Acsis, Inc. "Moreover, it derives business value beyond the regulations by automating supply chain execution, as well as aiding in improving product integrity, inventory management and product movement visibility, all while minimizing risk."

Because it is a serialized track-and-trace solution specifically designed for warehousing and distribution operations in the pharmaceutical industry, PharmaTrak 2.0 helps pharmaceutical organizations comply with ePedigree regulations quickly and cost-effectively, facilitate product visibility to inventory and product movement, and minimize corporate risk and losses. In addition, PharmaTrak 2.0 can help reduce the staggering costs associated with product loss, inventory shrinkage, counterfeiting, diversion and expiration.

About Acsis
Acsis is a global provider of track & trace solutions for supply chain safety, security and efficiency. Our enterprise-class software automates data collection, streamlines manufacturing and distribution processes and provides real-time access to supply chain information With implementations in 28 countries, our solutions are used by the leading manufacturers and distributors in pharmaceuticals, chemicals, and consumer products to safeguard the general public, protect their brands, reduce risks and increase efficiency and profitability. Acsis is an SAP Services Partner, SAP Technology Partner and charter member of SAP's Enterprise Services Community. Acsis also maintains partnerships with key technology and services providers. Acsis is a partner company of Safeguard Scientifics, Inc. For additional information, visit us at www.acsisinc.com.

About Safeguard Scientifics
Founded in 1953 and based in Wayne, PA, Safeguard Scientifics, Inc. provides growth capital for entrepreneurial and innovative technology and life sciences companies. Safeguard targets technology companies in Software as a Service (SaaS), Technology-Enabled Services and Internet-based Businesses, and life sciences companies in Molecular and Point-of-Care Diagnostics, Medical Devices and Specialty Pharmaceuticals with capital requirements between $5 and $50M. Safeguard participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations and early-stage financings. www.safeguard.com

SOURCE: Acsis, Inc.