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GS1 offers a global cure for Healthcare

 250 healthcare leaders from manufacturers, distributors, hospitals, associations, universities and regulatory bodies gathered at the 22nd Global GS1 Healthcare conference in Portugal from 23rd to 25th October, to discuss the latest developments in supply chain optimisation, affecting patient safety and supply chain efficiency.

A number of key topics in the Healthcare industry were addressed, such as the recent US FDA’s and EU Commissions proposed regulation on a Unique Device Identification (UDI) System and the activities of the European Commission and other European stakeholders with regards to the Falsified Medicines Directive. Remarkable cases of GS1 Standards implementations by manufacturers, distributors and hospitals were also shared.

During the conference, McKinsey & Company released a report highlighting the cost savings and patient safety benefits of adopting a single global supply chain standard in Healthcare. McKinsey interviewed more than 80 Healthcare leaders across the world and examined more than 25 cases of standards-enabled improvement.