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TraceLink Propels Organizations Toward DSCSA Compliance Ahead of the November 2024 Deadline

BOSTON, Massachusetts — September 27, 2024 — With the Drug Supply Chain Security Act (DSCSA) stabilization period ending on November 27, 2024, the TraceLink customer and trading partner community of healthcare and life sciences companies continues to demonstrate market leadership in demonstrating compliance readiness. TraceLink’s 290,000-strong B2N Integrate-Once™ network has been instrumental in supporting customers to rapidly integrate with key supply chain partners, exchange required compliance information, automate compliance processes, and mitigate operational risks.

In the past 90 days, TraceLink customers have exchanged over 6 million DSCSA Electronic Product Code Information Services (EPCIS) transactions, reflecting a significant surge in compliance activities. Impressively, 43% of all EPCIS transactions over the past 12 months occurred during this period, underscoring the momentum of compliance initiatives as companies race to meet the deadline. Additionally, 2,590 new links with supply chain partners were established, enabling over 2,010 companies and 540 customers to seamlessly exchange critical EPCIS data. Read More >

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TraceLink’s network platform, with Integrate Once, Interoperate with Everyone™ capability, revolutionizes compliance and operational efficiency for dispensing customers. By seamlessly connecting with an expansive digital network of supply chain partners, TraceLink ensures robust compliance with the Drug Supply Chain Security Act (DSCSA), swiftly manages compliance exceptions, and enables streamlined digital recalls. Furthermore, its advanced analytics capabilities facilitate the prediction of drug shortages, enhancing supply chain resilience. This integration offers pharmacies, hospitals, and other dispensers a comprehensive solution that not only meets regulatory demands but also optimizes inventory management and maintains the integrity of the drug supply, ensuring patient safety and continuity of care.

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Posted by: RXinsider Staff

RXinsider is a multimedia publishing and technology company offering print publications, digital platforms, events, and content creation services to the B2B pharmacy market.

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