Prilly, Switzerland, September 28, 2016
SICPA SA, a trusted provider of global security solutions, and Clariant, a world leader in specialty chemicals, joined forces to launch PLASTIWARD™, a robust integrated protection for plastic pharmaceutical packaging or medical devices. Both companies will be at the Clariant booth (Hall 2, Booth 2K60) at the CPhI in Barcelona, from 4-6 October 2016, to share with interested companies and journalists the benefits of PLASTIWARD™ and how it protects pharmaceutical brands and their patients.
Today, chronic health conditions ranging from diabetes to asthma make use of portable plastic pharmaceutical packaging such as insulin pens or inhalators for targeted delivery of a treatment. Such medical devices enable millions of patients to lead active lives. An ageing population in developed economies and a rising middle class in developing economies will drive demand for pharma innovation in the foreseeable future. This in turn will drive growth in pharmaceutical packaging, including plastic medical devices. One report projects a CAGR of 6.5% for the global medical devices market from 2014 to 2020, rising from an estimated USD 61 billion in 2014 to USD 89 billion in 2020.
However, this strong growth has also attracted counterfeiters and others dealing in illicit trade. The WHO estimates that 8% of medical devices in circulation are counterfeits.2 In one case, in 2009, over two million fake insulin pen needles were seized in three European countries. Such products represent a financial and reputational liability for legitimate companies, and they pose a health risk for the patients who rely on them to manage a lifethreatening condition.
“The counterfeiting of pharmaceutical products, including medical devices, is a silent and deadly epidemic. It attacks strong pharmaceutical brands, while sapping the trust of patients and doctors. It poses a risk for all of us,” said Fabienne Le Tadic, Executive President of Product and Brand Protection at SICPA. “As part of our commitment to make this world a safer place, we partnered with Clariant, a leader in polymers and masterbatches, to create PLASTIWARD™. This in-plastic brand protection solution helps pharma companies to protect their patients and brands.”
PLASTIWARD™ offers a unique end-to-end solution integrating exclusive, proprietarysecurity features from SICPA into polymer compounds or concentrates (known as ”masterbatches”) from Clariant. Data gathered from instantaneous authentication using a handheld detector can be uploaded and aggregated on a secure inspection platform from SICPA that facilitates real-time monitoring at global, regional or local levels. This enables pharmaceutical companies to monitor their products from factory to pharmacy, identify emerging trends and improve response times if action is required.
“At Clariant, our approach to the medical and pharmaceutical sectors is based on controlling and minimising risks of changes in the raw materials used and in our production facilities. PLASTIWARD™ is a robust, cost-effective end-to-end in-plastic system for protecting your brands worldwide,” said Steve Duckworth, Head of Global Segment Healthcare Polymer Solutions at Clariant.
Yet, PLASTIWARD™ is more than just a system. It offers pharmaceutical clients a two-inone approach that combines Clariant’s track record in developing polymer compounds and masterbatches for the needs of the pharmaceutical sector and SICPA’s proven expertise in protecting brands and products. As part of the PLASTIWARD™ value proposition, our unique solution offers clients one seamless package comprising: security assessment, needs definition, security system design, system deployment and on-going performance monitoring.
“Pharmaceutical companies have taken steps to reduce this risk. But the rise of e-commerce and access to new technologies has accelerated counterfeiting and other forms of illicit trade. That makes fighting counterfeit medical products an ever-more urgent priority for pharma companies – both in terms of patient safety and brand reputation,” said Yann Ischi, Director of New Channels and Partnerships at SICPA. “In the fight against the counterfeiting epidemic, we have to stay ahead through innovation. For plastic medical devices, SICPA combined innovation expertise with Clariant to develop PLASTIWARD™, so that our clients can focus on the needs of their patients and doctors.”
Clariant is a globally leading specialty chemicals company, based in Muttenz near Basel/Switzerland. On 31 December 2015 the company employed a total workforce of 17 213. In the financial year 2015, Clariant recorded sales of CHF 5.807 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics & Coatings. Clariant’s corporate strategy is based on five pillars: focus on innovation through R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability. www.clariant.com
SICPA is a trusted global provider of security inks as well as secured identification, traceability and authentication solutions. With high-technology security inks at the core of its expertise, the company protects the majority of the world’s banknotes, security and value documents, and a wide range of consumer and industrial products. It offers solutions and services to governments and industry, ensuring product authentication, traceability and protection as well as tax reconciliation. www.sicpa.com