PD-Rx Pharmaceuticals Offers Electronic Pedigree
September 14 2005 - 3:22PM
PR Newswire (US)
OKLAHOMA CITY, Sept. 14 /PRNewswire-FirstCall/ -- PD-Rx
Pharmaceuticals, Inc. (OTC Pink Sheets: PDRX), a publicly held
corporation, today announced that it has completed the
infrastructure of an on-line web based pharmaceutical tracking
system called "Pedigree Security Network" to combat the use of
counterfeit drugs and provide each customer with the ability to
authenticate the medications that they purchase from PD-Rx
Pharmaceuticals. PD-Rx is one of the first pharmaceutical firms to
offer such a tracking system. The PD-Rx website will provide each
customer with the ability to interface with our data files on every
medication, providing them with the security and comfort of knowing
the true pedigree of all medications sourced through PD-Rx
Pharmaceuticals. Mr. Shawn Stephens, IMS Director stated, "Our Web
based Pedigree System is completely integrated with our internal
accounting systems. From the point of our order, thru any packaging
that may occur, to the point of shipment to the customer. The
Security Network actually builds the pedigree from our accounting
tracking systems already in place. This means instead of storing a
'pedigree paper' for retrieval at some point, our system builds it
in place and display's the data as requested." With the use of
custom designed bar codes, each customer will be able to scan the
individual product and print a secure pedigree at anytime on-line
with PD-Rx. The pedigree includes additional information such as
common carrier tracking numbers, the exact amount of each lot
number shipped, past shipments, organoleptic markings and product
descriptions as defined by our Quality Control Officers from our
production plant. Future plans will allow PD-Rx to first convert to
a two-dimensional barcode then to an RFID system that will store
additional information and security measures as technology because
economically feasible and the balance of the industry is capable of
supporting such technology. ABOUT THE COMPANY PD-Rx offers
pharmaceutical and management strategies to the healthcare
industry. Our management strategies focus on new products, solid
business partners, and the specialized segment of the
pharmaceutical industry. As a licensed FDA manufacturer and
packager, PD-Rx offers a full spectrum of medications and
specialized services. Our goal is to develop a matrix of cost
containment tools and products that we can merge into any
healthcare network to enhance patient care and improve managed care
organizations bottom line. We provide proprietary products and
prepackaged medications that are viewed by patient, insurance
payers, and healthcare providers as a progressive and responsive
practice. This press release contains "forward-looking" statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward- looking statements involve known and unknown
risks and uncertainties or other factors, which may cause actual
results, performance or achievements expressed or implied by such
forward-looking statements to vary from those forecast or implied
in this release. Factors that might cause such a difference
include, without limitation, decline in demand for the company's
products or services, and the effect of general economic conditions
and factors affecting the industry. DATASOURCE: PD-Rx
Pharmaceuticals, Inc. CONTACT: Jack L. McCall, EVP & COO of
PD-Rx Pharmaceuticals, Inc., +1-405-942-3040
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