Automation and Compliance Tracking of Pharmaceutical Supply Chain Expands in EU
Ecodata Group - market leader in providing the international pharmaceutical supply chain with turnkey solutions for the tracking, collection and environmentally safe destruction of expired and unused products.
LONDON (December 9, 2011) - Ecodata Group Plc is the market leader in providing the international pharmaceutical supply chain with turnkey solutions for the tracking, collection and environmentally safe destruction of expired and unused products. CEO, Giuseppe Pino Baldassarre stated that “fraud, counterfeiting and the need for highly controlled tracking of pharmaceutical drugs have created the need for complete automation of the compliance chain. Every return is processed at our state of the art facilities that are driven by the perfect blend of technology, logistics, and expertise.” Ecodata Group Plc is committed to delivering a complete tracking and return service at an exceptional value. The company also operates the industry’s reimbursement programs for all of major pharmaceutical companies in Europe.
Originally organized in Italy, Ecodata Group Plc has developed a unique ’turnkey’ and highly efficient system for collecting, cataloging and safely disposing of unused and expired pharmaceutical products. Ecodata’s unique software integrates with the IT systems of the world’s largest pharmaceutical manufacturers, their distributors and regulators. The nature of this integration and audit facilities mean that the industry has eliminated a large majority of grey market trading through legitimate distribution centers, and also ensures that returned products genuinely qualify for reimbursement.
Pharmaceutical companies using the system receive two benefits: They are automatically granted relief from potential liabilities under European Union secure waste disposal directives.
There are substantial cost savings derived from the centralized nature of the service offering.
Ecodata is committed to environmental sustainability, and is implementing the world’s first industrial zero emissions pyrolysis incinerator dedicated to destruction of pharmaceutical products and related packaging.
"Ecodata has an outstanding international management team - and is assembling a world class Board of Directors. Please see: http://ecodatagroup.net/
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