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RFID To Flourish In Pharmaceutical Industry
Meta Group asserts that the pharmaceutical industry's use of RFID will outstrip retail's within 18 months.
Aug 23, 2004—This article was originally published by RFID Update.
August 23, 2004—While the Meta Group disagrees with the U.S. Food and Drug Administration's recent prediction that within three years most pharmaceuticals will be RFID tagged at the case and pallet level, the research company does make the surprising assertion that pharmacteutical companies' use of RFID will outpace that of retailers within the next year and a half. This assertion furthers the pharmaceutical industry's already favored position as one of RFID's primary growth engines; it is widely predicted that given high per-item value and increasing counterfeiting problems, the pharmaceuticals industry will be one of the first to implement item-level RFID tracking.
Read the article at InformationWeek
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