NABP Announces Walgreens Joining Pulse Platform
Rhea-AI Summary
Walgreens (WBA) has joined Pulse by NABP™, a digital platform designed to enhance visibility in the drug supply chain and protect patients from counterfeit medications. This move will assist Walgreens with Drug Supply Chain Security Act (DSCSA) compliance and ensure its prescription medication suppliers are properly licensed.
The DSCSA, enacted in 2013, aims to improve pharmaceutical supply chain safety and prevent harmful drugs from entering the market. Pulse will help Walgreens verify that only legitimate and authorized trading partners provide medications to its patients.
John Colaizzi, VP of pharmacy practice at Walgreens, emphasized the company's commitment to patient safety. NABP is initially rolling out Pulse to select supply chain users, with plans to offer free registration to all prescription drug supply chain members to facilitate DSCSA-required interoperability.
Positive
- Walgreens joining Pulse platform enhances drug supply chain security
- Assists with DSCSA compliance, potentially reducing regulatory risks
- Helps ensure prescription medication suppliers are properly licensed
- Strengthens protection against counterfeit medications reaching patients
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, WBA declined 0.34%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
DSCSA is a federal law that was enacted in 2013 to improve the safety of the pharmaceutical supply chain and to help prevent harmful drugs from entering the market. The law requires all members of the pharmaceutical supply chain to ensure they are doing business with trading partners that are authorized in accordance with federal law.
Pulse will help ensure that only legitimate and authorized trading partners can provide medications to Walgreens' patients.
"Walgreens is committed to protecting the health and safety of our patients," said John Colaizzi, PharmD, FNJPhA, vice president of pharmacy practice at Walgreens. "Joining Pulse will be an additional DSCSA compliance tool that will help Walgreens ensure that the medications our patients take are legitimate."
"We are pleased to welcome Walgreens to Pulse," said Lemrey "Al" Carter, PharmD, MS, RPh, executive director/secretary of NABP. "Walgreens' participation in Pulse will help to strengthen the security of the pharmaceutical supply chain and help protect Walgreens' patients."
NABP is rolling out the Pulse platform to certain users in the supply chain. After this initial onboarding, NABP will provide free registration on the Pulse platform for any member of the prescription drug supply chain to facilitate interoperability, as required by DSCSA.
Learn more about Pulse and DSCSA compliance at https://pulse.pharmacy.
About NABP
NABP is the independent, international, and impartial 501(c)(3) nonprofit Association that assists its state member boards and jurisdictions in protecting the public health. NABP was established in 1904 to assist the state boards of pharmacy in creating uniform education and licensure standards. Today, we help support patient and prescription drug safety through examinations that assess pharmacist competency, pharmacist licensure transfer and verification services, and various pharmacy accreditation and inspection programs.
About Walgreens
Walgreens (www.walgreens.com) is included in the
Media Contact: media@nabp.pharmacy
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SOURCE National Association of Boards of Pharmacy