v. 15 – Q3 2020
|Market Executive Summary||
The Ministry of Health (MoH) of Malaysia announced at the National Regulatory Conference on October 5 its intention to establish a full track and trace centralized model of drug traceability system by 2023. MoH agreed with the project and Ministry of Finance now needs to approve.
They want to model their system based on Turkey since they believe that Turkey is the most successful implementation thus far.
The benefits and usage of GS1 are fully supported and understood.
The goal behind implementing a track and trace system is beyond just counterfeits:
Industry agrees with T&T implementation, but concerns on timeline, implementation cost, and authority engagement (or lack of it, missing guidelines).