Contactless Smart Cards, RFID, Payment, Transit and Security

RFID should help curb drug counterfeiting, but legislative and technical obstacles still exist

Monday, April 3, 2006 in Library


Whether it’s the rising cost of prescription drugs or more sophisticated technology and funding for counterfeiters, incidents of drug counterfeiting have skyrocketed in the United States. Drug counterfeiting now costs the Food and Drug Administrations more than $30 billion annually, a number so great that the agency is embracing new technology that will help it give teeth to a law that requires the pharmaceutical industry to closely track a drug’s “pedigree.” That’s the term applied to a drug’s record documenting that it was manufactured and distributed under secure conditions.

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