Blockchain to Shape Next-Gen Supply Chains in Healthcare: GlobalData

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Blockchain technology will play a key role in supporting supply chain transformation in the healthcare sector by helping to reduce fraud and better manage quality in the manufacturing and distribution of pharmaceutical products, according to leading data and analytics company GlobalData.

Counterfeiting is a significant problem within the pharmaceutical industry, with the World Health Organization estimating the cost to the industry of counterfeit drugs at over $30 billion.

Bonnie Bain, PhD, Global Head of Pharma at GlobalData,