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Description

Increasing prices of pharmaceutical grade prescription drugs have caused hospitals, insurance companies, and patients to search for alternative methods of treating illness. The pharmaceutical industry must find ways of lowering

Increasing prices of pharmaceutical grade prescription drugs have caused hospitals, insurance companies, and patients to search for alternative methods of treating illness. The pharmaceutical industry must find ways of lowering the costs associated with prescription drugs to avoid further scrutiny, increased regulation, and staggering profits. The use of RFID technology will increase transparency of information flow within the supply chain and reduce costs associated with recalls, counterfeits, and expired products.

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Date Created
  • 2015-12
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  • Text
  • Machine-readable links