New Jersey, USA - February 28, 2008: CAMO Software AS announces a partnership with InfraTrac, Inc. to supply anti-counterfeiting solutions to the pharmaceutical industry at the 59th Pittsburgh Conference (PITTCON) on Analytical Chemistry and Applied Spectroscopy.
Counterfeiting and diversion are growing problems, demanding new technology solutions. Tagging packages alone is insufficient in the face of repackaging, legitimate or not. InfraTrac tags the substance itself, including pills, powders, liquids, and vaccines, with an excipient-based fingerprint. With the use of near-infrared (NIR) spectroscopy, companies can determine within seconds whether a product is genuine or not. InfraTrac’s software can also tag and detect gray market, or “diverted,” products, such as Medicare drugs that end up in a retail pharmacy.
"This partnership takes advantage of CAMO’s strengths in pharmaceutical process management in general and spectroscopy in particular” said Sharon Flank, InfraTrac’s CEO. CAMO’s experts will work with Quality Assurance teams to enable InfraTrac’s “lot number in the pill” fingerprinting.
"InfraTrac offers the promise of bringing safety and security to the pharmaceutical supply chain by staying one step ahead of increasingly sophisticated counterfeiters and criminals” said Lars Österberg, CAMO's President and CEO. “We’re very pleased to work with InfraTrac to bring this technology into the existing portfolio of anti-counterfeiting solutions that pharmaceutical companies use to combat the growing threat.”
InfraTrac is a Maryland-based technology company that uses near-infrared (NIR) spectroscopy to detect and prevent counterfeiting of high value formulated and regulated substances including pharmaceuticals, chemicals and consumer products. The company’s platform includes counterfeit detection using a simple yes-no interface, and encryption software, which enables tagging of client substances, even at the batch level, using patent-pending covert NIR fingerprints. For more information, please visit www.infratrac.com.
Headquartered in Oslo, Norway, CAMO Software is a leading scientific software company that specializes in multivariate data analysis, visualization and workflow management. The Unscrambler Software Suite is a leading Multivariate Data Analysis and Chemometrics solution used by most of the major pharmaceutical, chemical, oil & gas, consumer products and material companies. CAMO Software's passion is the comprehension and simplification of complex data, resulting in efficient identification, cost, research and design as well as faster analytical results. For more information, please visit www.camo.com
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