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EPC Data Mining

Solutions -- ePedigree and Pedigree Compliance

• Pedigree and ePedigree compliance

  In 2004, Forrester estimated the financial impact for drug Pedigree was going to be $10 Billion.

  By January 2008, the following is the estimate of spending in 2005-2007:

          Strategic plans and studies - $15 million

          Actual packaging line pilots -    7 million

          Internal costs                   -     40 million

          Consumables (RFID Labels)-     4 million

                                                  -----------------

                                                       $66 million

  The original estimate by Forrester was amortized over all packaging lines and wholesalers at $1.1 million per packaging line (brand).

  In December 2007, the leading advisory firms were estimating the cost per packaging line conversion to be at an average of $500,000 per line.

  RF Commerce Solutions cut the drug producer's cost for California compliance to less than $100,000 per branded drug per year.

• California e-Pedigree Drug Law

• Visit the counterfeit drug BLOG