- Identiv (INVE, Financial) has partnered with Tag-N-Trac to enhance IoT solutions for pharmaceutical cold chain tracking.
- The partnership integrates Identiv's BLE smart labels with Tag-N-Trac's RELATIVITY™ SaaS platform for real-time monitoring.
- The collaboration aims to ensure compliance and product integrity for temperature-sensitive pharmaceuticals.
Identiv, Inc. (INVE), known for its RFID- and BLE-enabled IoT solutions, has announced a strategic partnership with Tag-N-Trac to develop and market IoT solutions specifically for cold chain tracking in the pharmaceutical industry. This collaboration integrates Identiv's advanced BLE smart labels with Tag-N-Trac's RELATIVITY™ SaaS platform, offering real-time supply chain visibility and traceability.
The integrated solution focuses on providing continuous monitoring of environmental factors such as temperature and humidity, crucial for maintaining the integrity of pharmaceutical products like vaccines and biologics during transit. Identiv's smart labels gather raw environmental data throughout the product's journey, which is then converted by Tag-N-Trac's platform into real-time analytics, enabling monitoring of location, condition, and chain-of-custody status.
This partnership addresses increasing regulatory requirements and patient safety concerns in managing pharmaceutical cold chains, particularly for temperature-sensitive products. The technical integration offers pharmaceutical companies comprehensive item-level visibility and actionable insights, ensuring compliance across the supply chain.
Kirsten Newquist, CEO of Identiv, emphasized the importance of this partnership in supporting pharmaceutical customers with IoT solutions that meet rigorous regulatory standards while optimizing operational efficiency. Similarly, Venu Gutlapalli, CEO of Tag-N-Trac, highlighted the significance of providing pharmaceutical companies with the confidence and data intelligence needed to manage temperature-sensitive products safely, efficiently, and in compliance.
This collaboration not only reinforces Identiv's presence in the pharmaceutical cold chain market but also sets a new standard for comprehensive digital solutions in supply chain management.
