The Daily Startup: TraceLink Helps to Fight Prescription Drug Counterfeiting
TraceLink makes a cloud-based software product that helps track prescription drugs from the manufacturer to the pharmacy shelf, which can help to prevent the trafficking of counterfeit drugs. As a new federal law takes effect that seeks to halt the counterfeiting of drugs, the company has raised $20 million in funding to keep up with the demand for its product, Timothy Hay reports for Dow Jones VentureWire. The new funding was led by new investor Volition Capital, joined by new investor Fidelity Biosciences and returning investor FirstMark Capital.
Related Posts
UN Diplomats Lived Large on Smuggled Tobacco
Flashy BMWs, a pristine villa in downtown Geneva, United Nations diplomatic...
Joint operation team seized Arecanuts and foreign made cigarettes
Once again, collaboration and synergy among different agencies have brought about...
Efforts to stop sale of smuggled cigarettes
Between 1 April and 30 June, the Da Nang Market Management Bureau has inspected...
Solon seeks congressional probe on cigarette smuggling in PHL
A lawmaker has asked Congress to investigate the illicit trade of cigarettes in...