Bilcare Research has launched a product to help check the menace of counterfeit drugs. The product has a label with a unique bar code made out of nanotechnology and fingerprinting.
Baxter Healthcare Corporation has introduced drug labels to help reduce medication errors by creating enhanced packaging that provides additional safeguards to assist clinicians in the correct identification of critical medications.
According to new report, published by the Freedonia Group, the world wide demand for pharmaceutical packaging is set to rise to 5.9 % annually to over $34 billion in 2011 and $45billion by 2016