|
This article was published free of charge. Only PREMIUM Articles are (Google AdSense™) 3rd party Ads-Free!
|
XStream Systems, Inc. Announces New Device Developed to Combat Counterfeit Prescriptions
|
| |
NewswireToday - /newswire/ -
Sebastian, FL, United States, 12/04/2007 - With US counterfeit drugs estimated at 34.2 million prescriptions a year, the need for drug authentication is crucial. In answer to this need, XStream Systems, a Florida-based company, has developed an anti-counterfeiting solution.
|
| |
|
| |
Rank or share this free Newswire Press Release Distribution content. Join the network! Learn How!
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements
Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour.
|
| |
There is no question America’s consumption of pharmaceuticals is increasing. In 2006, prescription sales in the US pharmaceutical market had risen by 8.3% and a report of further growth is expected this year. With the industry expanding, so must methods to thwart the counterfeit drug market.
On average 10% of the world’s drug supply is fake or counterfeit, and Americans purchased 44% of all pharmaceuticals sold last year. While considered secure, if only 1% of the US supply was counterfeit it would equal 34.2 million new fraudulent prescriptions circulating within the nation. The number would be approximately one counterfeit medicine for every nine American citizens.
The World Health Organization’s Anti-Counterfeiting Taskforce has stated “technologies are particularly important for product authentication.” To fill a need for a high-tech solution, Scientists and Engineers at a Florida-based company have developed a unit which can help maintain the integrity of the pharmaceutical supply chain. The XT250™ System by XStream Systems, Inc. is the first of its kind and can verify the contents of a manufacturer’s bottle without breaking the seal. When placed at distribution checkpoints or warehouse facilities, the unit is able to determine fake medications from legitimate inventory, thus protecting the consumer.
A study by the Center for Medicine in the Public Interest, cited by the WHO estimates the number of counterfeits will climb to be a $75 billion industry by the year 2010, representing a 92% increase from 2005. John Lundquist, XStream Systems’ VP of Business Development states “As the threat of consumers being harmed by counterfeit drugs grows, we need to also increase the number of safeguards put into place. The XT250 System is the very beginning of a new generation of necessary anti-counterfeiting solutions.”
XStream Systems (xstreamsystems.net) produces next-generation equipment for material identification. Their patented systems are based on Energy-Dispersive X-Ray Diffraction (EDXRD) technology. The company’s XT250™ System enables testing of powders, pills AND entire sealed bottles. The equipment’s superior sample penetration allows the identification of contents inside opaque plastic, cardboard and even metal packaging. For more information, call 1-800-597-1191
|
| |
 |
| |
Rank or share this free Newswire Press Release Distribution content. Join the network! Learn How!
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements
Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour.
|
| |
Agency / Source: XStream Systems, Inc.
|
| |
 |
| |
Availability: All Regions (Including Int'l)
|
| |
Traffic Booster: [/] Quick Newswire Today Visibility Checker
|
| |
Distribution / Indexing: [+]
|
| |
 |
| |
# # #
|
| |
|
| |
 |
| |
Your Banner Ad showing on ALL Tracking/Navigation articles, CATCH Visitors via Your Competitors Announcements!
 Non-featured company website links are shown on a random basis |
|
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source. |
| |
 |
| |
For more information, please visit:
Links are available on a random basis for non premium members
| |
Contact: Michael DeBoer
772-646-6261 r.adams[.]xstreamsystems.net
|
|
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any XStream Systems, Inc. securities in any jurisdiction including any other companies listed or named in this release. |
 Tracking/Navigation via RSS
          
Twitter /NewswireToday
|
|
This article was published free of charge. Only PREMIUM Articles are (Google AdSense™) 3rd party Ads-Free!
|
|
| |
 |
|
|
Home | About | Advertise | Contact | Investors | Sitemap | FRANCAIS | |
| newswire, PR free press releases distribution magazines engine news alert newsroom press room breaking news public relations articles company news alerts blogsIt younews.me newswiredistribution ezine younews.asia bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri- bution today investor relation successful internet entrepreneur free newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today |
| |
| PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com) |
|
|