Home Coins Fantom (FTM) Fantom pronounces Partnership with Royal Star, Nabros Pharma, Bliss GVS, and the...

Fantom pronounces Partnership with Royal Star, Nabros Pharma, Bliss GVS, and the Ministry of Well being, for the Certification of Prescribed drugs throughout Afghanistan

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Fantom consultant Ahmad Jawid Sikandar (left) with Royal Star Pharma President, Obaidullah Nooristany (proper)

Immediately, Fantom is happy to announce the launch of our Good Drugs pilot venture in Afghanistan.

On 18 Might 2020, a signing ceremony happened in Kabul, Afghanistan, between Fantom’s Afghanistan consultant Ahmad Jawid Sikandar, and Obaidullah Nooristany, President Of Royal Pharma Ltd.

Fantom, with the endorsement of the Afghanistan Ministry of Well being, has partnered with Royal Star, one of many largest pharmaceutical distributors in Afghanistan; Nabros Pharma, a privately-owned pharmaceutical producer in India; and Bliss GVS, a public firm listed on the Nationwide Inventory Trade of India and with revenues exceeding USD$120m. Fantom can be concerned within the monitoring of 4 merchandise, one in all which is a brand new hand sanitizer endorsed by the World Well being Group to assist fight COVID-19.

The partnership was facilitated by SkChain, a number one blockchain consulting agency who related the events and initiated the talks.

Beneath this association, Fantom, with our know-how associate Chekkit, is within the technique of delivery labels to connect to pharmaceutical merchandise produced by each Bliss GVS and Nabros Pharma. Royal Star will scan these labels at every step of the distribution course of, with a hash of the info generated, timestamped, and saved on the Fantom Opera Chain to create an immutable audit path. Royal Star will be capable to be sure that the info is genuine by evaluating the hash of the info to the hashes that exist on the blockchain.

Every labelled merchandise will include a novel hash generated by eleven information factors:

  1. Product identify
  2. Batch no.
  3. Barcode no.
  4. Expiry date
  5. Manufacturing date
  6. FDA no.
  7. Producer’s identify
  8. Location of scan
  9. Standing of scan
  10. Time
  11. Date of scan

Counterfeit medication are an enormous drawback in Afghanistan. Resulting from an absence of checks within the provide chain course of, counterfeit medication are combined with reputable medication through the distribution course of. Usually, these counterfeit medication are of poor high quality, placing folks’s well being in danger. In a 12-week marketing campaign towards counterfeit medication in 2017, “100 tons of expired, counterfeit and substandard medication had been seized” throughout the nation.

The enterprise will convey revolutionary blockchain know-how to Afghanistan’s healthcare sector, lowering the incidence of counterfeit medication and bettering the safety of affected person medical data. Beneath the phrases of this system, Fantom will initially monitor 80,000 merchandise throughout 4 totally different prescription drugs. Fantom will monitor Bliss GVS’s prescription drugs later within the pilot program as soon as the COVID-19 safety measures can be relieved, and they’ll be capable to ship their merchandise from India to Afghanistan.

The 4 prescription drugs are as follows:

  • 50,000 gadgets of Hand Sanitizer: Produced by INSAF Prescribed drugs, this was just lately launched so as to struggle COVID-19 in Afghanistan and is endorsed by the World Well being Group. Royal Star is the unique distributor of this product in Afghanistan.
  • 10,000 gadgets of Free Joint Cream: Produced by Nabros Pharma, this cream helps relieve joint ache.
  • 10,000 gadgets of Kofanol Chewable Tablets: Produced by Nabros Pharma, these tablets assist relieve coughs, colds, and sore throats.
  • 10,000 gadgets of Diacare Foot Cream (Diabetic): Produced by Nabros Pharma, this cream is particularly formulated for diabetics and is used to deal with diabetes-related pores and skin infections.

Labels can be hooked up to pharmaceutical merchandise this month. The primary of those transactions monitoring medicines can be dedicated on-chain shortly after. The goal of this pilot program is to show Fantom know-how and use circumstances in provide chain administration, with the objective of rolling out the know-how on a a lot bigger scale all through 2020.

Fantom: The answer is constructed on Fantom’s Opera mainnet, offering quick & safe consensus able to scaling to the excessive transactional throughput required to energy a rustic’s whole healthcare system.

Chekkit: Chekkit supplies provide chain monitoring know-how for corporations throughout a wide range of industries, from meals staples to healthcare and hygiene. They’ve labored with corporations akin to Nivea and Indomie.

Afghanistan Ministry of Well being: The Ministry of Well being have dedicated to implementing the answer throughout your entire Afghan well being service — and are keen on new and rising applied sciences akin to blockchain to resolve a wide range of points.

Royal Star Ltd: Considered one of Afghanistan’s largest distributors of pharmaceutical merchandise. The corporate distributes merchandise from ten producers positioned all over the world, such because the UK and India. In addition they work intently with bilateral and multilateral help organisations such because the World Well being Group and USAID.

Nabros Pharma Pvt Ltd: Established in 1983, Nabros Pharma is a producer and exporter based mostly in Ahmedabad, Gujarat. They’re accredited by the World Well being Group’s Good Producer Tips (GMP), the Pharmaceutical Inspection Co-operation Scheme (PIC/S) based mostly in Geneva, Switzerland, and the Nationwide Company for Meals and Drug Administration and Management (Nigeria), amongst different international locations and organisations. The corporate manufactures merchandise akin to tablets, capsules, small quantity parenterals, ointments, and oral liquids. They export to over 35 international locations across the globe.

Bliss GVS: Based in 1984, and headquartered in Mumbai, Bliss GVS is a publicly-traded firm on the Nationwide Inventory Trade of India with annual revenues of USD$120m. They manufacture a wide range of pharmaceutical merchandise akin to antibiotics, anti-malaria, and anti-inflammatories. They export to over 60 international locations.

INSAF Prescribed drugs: The sister firm of Royal Star, the corporate manufactures prescription drugs domestically inside Afghanistan and distributes them to pharmacies throughout the nation via Royal Star.

The collaboration between the events was formalized by a signing ceremony on Monday, 18 Might 2020, strengthening Fantom’s place because the first-choice supplier of blockchain options to lots of Afghanistan’s authorities ministries.

We, at Royal, are excited to associate with Fantom, working collectively in direction of this revolutionary initiative that may assist resolve the counterfeit medication drawback in Afghanistan.

-Obaidullah Nooristany, President @ Royal Pharma Ltd

This program is the primary software of blockchain in Afghanistan; we’re so glad to be making use of it within the well being sector to cease counterfeit medication by making it straightforward to trace pharmaceutical merchandise. It’s an essential venture for our nation, and we absolutely endorse it. After the pilot program, we are going to maintain a celebration ceremony and help the initiative additional transferring ahead.

– Dr Ghulam Sayed Rashed, Government Director of Nationwide Drugs & Well being Care Merchandise Regulatory Authority.

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