modum

About modum

The startup utilizes blockchain technology to enhance drug safety by providing an immutable ledger for tracking pharmaceutical supply chains. This ensures transparency and accountability, reducing the risk of counterfeit drugs entering the market.

<problem> Counterfeit drugs pose a significant threat to public health, as they may contain incorrect ingredients, improper dosages, or harmful substances. Traditional pharmaceutical supply chains lack transparency, making it difficult to track and verify the authenticity of drugs, increasing the risk of counterfeit medications reaching consumers. </problem> <solution> This startup provides a blockchain-based platform for tracking and tracing pharmaceutical products throughout the supply chain, from manufacturing to distribution and dispensing. By recording each transaction and movement of a drug on an immutable, distributed ledger, the platform creates a transparent and auditable record of its provenance. This allows stakeholders, including manufacturers, distributors, pharmacies, and regulators, to verify the authenticity of drugs and identify potential points of diversion or counterfeiting. The platform enhances supply chain security, reduces the risk of counterfeit drugs entering the market, and improves patient safety. </solution> <features> - Blockchain-based tracking and tracing of pharmaceutical products - Immutable and transparent record of drug provenance - Real-time visibility into the supply chain - Secure data sharing among stakeholders - Verification of drug authenticity - Identification of potential points of diversion or counterfeiting - Compliance with regulatory requirements </features> <target_audience> The primary customers are pharmaceutical manufacturers, distributors, pharmacies, and regulatory agencies seeking to enhance supply chain security and combat drug counterfeiting. </target_audience>

What does modum do?

The startup utilizes blockchain technology to enhance drug safety by providing an immutable ledger for tracking pharmaceutical supply chains. This ensures transparency and accountability, reducing the risk of counterfeit drugs entering the market.

Where is modum located?

modum is based in Zürich, Switzerland.

When was modum founded?

modum was founded in 2016.

Location
Zürich, Switzerland
Founded
2016
0

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modum

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Executive Summary

The startup utilizes blockchain technology to enhance drug safety by providing an immutable ledger for tracking pharmaceutical supply chains. This ensures transparency and accountability, reducing the risk of counterfeit drugs entering the market.

modum.io
Founded 2016Zürich, Switzerland

Funding

No funding information available.

Team

No team information available.

Company Description

Problem

Counterfeit drugs pose a significant threat to public health, as they may contain incorrect ingredients, improper dosages, or harmful substances. Traditional pharmaceutical supply chains lack transparency, making it difficult to track and verify the authenticity of drugs, increasing the risk of counterfeit medications reaching consumers.

Solution

This startup provides a blockchain-based platform for tracking and tracing pharmaceutical products throughout the supply chain, from manufacturing to distribution and dispensing. By recording each transaction and movement of a drug on an immutable, distributed ledger, the platform creates a transparent and auditable record of its provenance. This allows stakeholders, including manufacturers, distributors, pharmacies, and regulators, to verify the authenticity of drugs and identify potential points of diversion or counterfeiting. The platform enhances supply chain security, reduces the risk of counterfeit drugs entering the market, and improves patient safety.

Features

Blockchain-based tracking and tracing of pharmaceutical products

Immutable and transparent record of drug provenance

Real-time visibility into the supply chain

Secure data sharing among stakeholders

Verification of drug authenticity

Identification of potential points of diversion or counterfeiting

Compliance with regulatory requirements

Target Audience

The primary customers are pharmaceutical manufacturers, distributors, pharmacies, and regulatory agencies seeking to enhance supply chain security and combat drug counterfeiting.

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