m a c h i n e r e a d a b l e s e c u r i t y(m c h i n e r e d b l e s e c u r t y).doc

m a c h i n e r e a d a b l e s e c u r i t y(m c h i n e r e d b l e s e c u r t y).doc

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m a c h i n e r e a d a b l e s e c u r i t y(m c h i n e r e d b l e s e c u r t y)

MACHINE READABLE SECURITY FOR PHARMACEUTICALS TSSI Rutland House Hargreaves Road Groundwell Industrial Estate Swindon SN25 5AZ MACHINE READABLE SECURITY FOR PHARMACEUTICALS Executive Summary Recent developments in the availability of high quality and low cost digital scanners and printers has put the traditional approaches to protecting brands against counterfeit and fraud under threat. Visual recognition is an essential part of a brand identity but can no longer be relied on as a means of preventing counterfeit. Todays environment of legislative and social pressures together with brand owners protecting their revenues is driving the need for more sophisticated approaches to the protection of brands. Over many years Structured Magnetics solutions have provided very cost effective protection for organisations in some of the most fraud prone territories in the world, directly preventing loss of revenue and maintaining security. This white paper will explain how structured magnetics solutions can be readily implemented within the pharmaceutical industry to protect against counterfeit, identify parallel or gray market trading and provide brand owner and customer assurance without major impact on manufacturing processes. Introduction A number of major threats are faced by the pharmaceutical industry – these include: The threat from counterfeit products causing irreparable damage to the company through: loss of sales of genuine product, loss of confidence in the drug, litigation damages awarded through negligence to adequately protect the product. Loss of revenues from illegal gray market trading, particularly with the new agreements for the low cost production of generic drugs in economically disadvantaged countries. Inability to meet the legislative requirements of auditable distribution. To date the industry has relied on visual features to protect drugs, including branding, backed up by Trade Mark and copyright prosecutions, secur

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