Creating a world safe from counterfeit drugs.
Per the World Health Organization, an estimated $200-405B in counterfeit drugs hit the market globally each year.
Counterfeit drugs are a global pandemic, affecting developed and developing countries.
VIATRACE’s mission is to solve this human and health safety problem.
The Technology Foundation
VIATRACE uses secure and immutable Blockchain technology to track drugs as they pass through the entire supply chain, from manufacturer to consumer.
Regulatory Compliance
Across the world, governments are enacting regulations to address counterfeiting. In the US, the Drug Supply Chain and Security Act (DSCSA) already requires supply chain participants to provide track and trace of medicines, and is extending requirements to provide further tracking by November 2023. VIATRACE is designed to address 2023 requirements.
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Contact
Feel free to contact us with any questions.