RFID providers get boost from FDA ruling

IDG News Service |  Mobile & Wireless

"It is a problem because of the convoluted supply chain; a drug can change hands ten times before it ends up at your pharmacy," Chang said.

The rising cost of prescription drugs has already tempted counterfeiters; worldwide, 8 percent of all drugs are frauds. As the cost of RFID tags begins to fall, more companies will suddenly say electronic tagging is profitable.

"The cost of RFID tagging would be significant if tracking something as cheap as a roll of paper towels, but compared to expensive drugs, it is just part of the packaging," he said.

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