Error-free medication management in hospitals can save lives. Medicines equipped with RFID-labels can be tracked from the hospital pharmacy to bedside dispensing and their availability ensured. This presupposes that the RFID-Label and tracking system are perfectly matched. The new partnership between pharma label specialist Schreiner MediPharm (Oberschleißheim, Germany) and the US company Kit Check, a provider of RFID tracking software and hardware, is intended to ensure this in the future.
On 2 March 2020, Avery Dennison (Glendale, California) announced the completion of the acquisition of Smartrac’s transponder business, for the purchase price of €225M, subject to customary adjustments.
Avery Dennison (Glendale, California) is gearing up for future growth of RFID technology, improving the efficiency of processes and the relationship between brands. Just months after signing a deal to acquire Smartrac's transponder division, the Company announced the location of its next RFID (Radio Frequency Identification) manufacturing facility, its first in Brazil and fifth in the world. The new factory will be located in Vinhedo (SP), opening in 2021.