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UoH, DRL to develop cold chain logistics solutions for pharmaceuticals

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Herons Logistics

HYDERABAD : The University of Hyderabad (UoH) along with Dr Reddy’s Laboratories will be developing cold chain logistics solutions for pharmaceutical firms using blockchain technology.

The project is supported by the Institution of Eminence (IoE) entrepreneurial research grant of the university. This initiative will provide a first use case for increasing the exports of the pharmaceutical industry.

Pharma companies routinely face multiple compliance, reconciliation and provenance issues in their supply chain, especially when exporting critical drugs and vaccines to other countries. On several occasions, their products are rejected or delayed due to lapses in the process.

“Blockchain integrated internet of things framework will help to overcome this hurdle as it ensures a transparent way of sharing information with all stakeholders in the whole end-to-end supply chain network. Given that the information on the blockchain is immutable and audit ready, this will enhance trust and efficiency in the system,” read a press release issued by UoH.

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