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
Fake products of Louis Vuitton brands seized by Mumbai Police in Lokhandwala
On Friday, the Oshiwara police along with Enforcers of Intellectual Property...
Counterfeit currency of face value Rs 26 lakh seized last year: Delhi Police
New Delhi, Feb 27 (IANS): The Delhi Police's anti-terror unit, the Special Cell,...
Portuguese police dismantle tobacco smuggling ring
Portugal's National Republican Guard (GNR) police force has dismantled a tobacco...
Report: High cigarette tax fuels black market in state
PHOENIX — A cigarette tax higher than neighboring states and cheaper prices on...