Blockchain: A Remedy to Counterfeit Drugs in Healthcare
The Menace of Counterfeit Drugs The pharmaceutical industry grapples with the persistent issue of counterfeit medicines, posing significant health risks and financial losses. According to Goldstein Market Intelligence, the estimated impact of counterfeit medicines this year is a staggering $5.3 billion. Substandard drugs result in a shocking 500,000 deaths annually in sub-Saharan Africa alone, with…