Radio Frequency Identification Technology for Logistics, Tagging and EPC

RFID should help curb drug counterfeiting, but legislative and technical obstacles still exist

Monday, April 3, 2006


Whether it’s the rising cost of prescription drugs or more sophisticated technology and funding for counterfeiters, incidents of drug counterfeiting have skyrocketed in the United States. Drug counterfeiting now costs the Food and Drug Administrations more than $30 billion annually, a number so great that the agency is embracing new technology that will help it give teeth to a law that requires the pharmaceutical industry to closely track a drug’s “pedigree.” That’s the term applied to a drug’s record documenting that it was manufactured and distributed under secure conditions.

There are 866 words in the rest of this article …

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EarthSearch Communications has entered into a partnership agreement with Cynox, the Nigerian technology solutions provider, to monitor fuel levels in oil tankers.

In Nigeria, the cancellation of government oil subsidies has lead to increasing concerns over oil theft. EarthSearch’s integrated RFID and GPS product, together with level sensor technology will be used to monitor sudden drops in fuel level to detect the unauthorized siphoning of oil from the top of tanker.

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Fenwal Inc. inked a five-year agreement with Biolog-id to exclusively market, sell and distribute the Biolog-id RFID blood tracking and traceability system in Europe and the United States.

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The United Arab Emirates Ministry of Health is planning to launch a new smart card program that aims to prevent prescription drug addiction among young people.

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A new report created by the Chief Justice Earl Warren Institute on Law & Social Policy at UC Berkeley School of Law predicts a price tag of at least $40 billion for a mandatory biometric employment verification card for all U.S. workers that would utilize either fingerprint or fingervein scans.

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Murata and Beta LAYOUT announced a joint venture to launch an RFID starter kit aimed at printed circuit board (PCB) engineers and developers aspiring to incorporate RFID into their electronics design.

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MarketsandMarkets has published a new report predicting that the NFC market will reach over $10 billion by 2016 at a compound annual growth rate (CAGR) of 38% from 2011 to 2016.

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