PharmaSecure’s innovative solutions were originally proven in the Pharmaceutical industry, protecting patients from the threat of counterfeit medicines. Counterfeit medicines are a global, multi-billion dollar epidemic that affects patients, public health, and the global healthcare system. Worldwide sales of counterfeit medicines account for an estimated $75 billion in annual sales and are responsible foran estimated 1 million annual deaths according to the World Health Organization.
In emerging markets, the threat of counterfeit medicines and other products is even greater as supply chains are not as developed and regulatory bodies have not yet evolved to completely solve the problem. PharmaSecure is the leading provider of anti-counterfeiting solutions for emerging markets and has now protected over 1.8 billion products and counting by enabling patients and consumers to verify the authenticity of their products with a simple SMS, mobile app, or website.