Bonsai Development Corporation

Bonsai Development Corporation

powering trade finance information networks

Solutions: Healthcare

The BDC Drug Information Network

Background

Millions of prescriptions for pharmaceuticals are written each day, affecting Consumers, Pharmacies, Drug Companies, Distributors and Retailers. The information which is provided with these drugs is typically printed on paper and handed to the patient and may be read or ignored as the patient chooses. With present plans to rollout RFID tags on prescription drugs over the next few years, there is an opportunity to use this technology to improve the way in which accompanying Drug Information is distributed, and to generate benefits in the following areas:

  • Improve efficiency in the way Drug Information can be made available on an on-demand basis to both medical professionals and consumers
  • Reduce risk for consumers (public safety) through the on-demand availability of key information about the drug, including time-sensitive expiration information, recalls, warnings, etc.
  • Provisioning of mass information access for regular prescription recipients, with more accurate and update to date information on an on-demand basis.

Bonsai Development Corporation (BDC) has reviewed the way in which Drug Information is made available to pharmacists and consumers and developed a model for an on-demand Drug Information Network. This involves the use of Radio Frequency Identification (RFID) tags on pharmaceutical packages, and the provisioning of a network of tag readers which can provide medical professionals and potentially consumers with on-demand access to appropriate information.

Download the white paper on the BDC Drug Information Network (PDF format).