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Solution for new U.S. drug supply chain security law

PRESS RELEASE

September 29, 2014: TraceLink Inc., the leader in protecting patient safety and enabling health for global Life Sciences, announced today the latest version of their Life Sciences Cloud platform and Product Track application for end-to-end U.S. Drug Supply Chain Security Act (DSCSA) compliance.

The Drug Supply Chain Security Act (DSCSA - Title II of the Drug Quality and Security Act of 2013) is a new law for Tracing, Verification and Serialization phasing in starting Jan 1, 2015 for manufacturers, repackagers, wholesalers and pharmacies / clinics.

With only three months until DSCSA deadlines, TraceLink's latest release of the industry's only Transaction History Management System provides all the necessary network connectivity, operational use case and compliance data management tools to ensure January 1, 2015 compliance. A single connection to the Life Sciences Cloud delivers end-to-end DSCSA compliance for all DSCSA requirements of the largest pharmaceutical company or the smallest pharmacy across all supplier and trading partner relationships.

"Quest serves a large pharmaceutical network of over 2,000 independent pharmacies that rely on us to supply them with secure, compliant medicines," said Debbie Boaz, Director of IT and Regulatory Affairs at Quest Pharmaceuticals. "With 2015 DSCSA deadlines fast approaching, partnering with TraceLink was our only realistic option given the size of our staff and diversity of our network. We work with TraceLink to create one connection from the Life Sciences Cloud to our business operations and let TraceLink worry about connecting our pharmaceutical suppliers and pharmacy trading partners."

"Since we released the first version of our Transaction History Management System in May, we have gained extensive feedback from customers starting to deploy their compliance programs for January 2015," said Shabbir Dahod, President and CEO of TraceLink. "TraceLink delivers the only mature, field-tested platform that demonstrably minimizes the cost, risk and time in meeting the impending DSCSA deadlines. With hundreds of companies already configured on the TraceLink Network for DSCSA compliance and thousands more in process, we can quickly get any company on-boarded and connected to their trading partners in weeks, not months."

TraceLink protects patients and enables health for companies across the global Life Sciences supply network through the TraceLink Life Sciences Cloud. The TraceLink Life Sciences Cloud is an Amazon AWS-based cloud application platform that enables complete global connectivity, visibility and traceability of pharmaceuticals from ingredient to patient. A single point and click connection to the Life Sciences Cloud creates a supply chain control tower that delivers the information, insight and collaboration needed to improve performance and reduce risk across global supply, manufacturing and distribution operations.

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