PHARMACEUTICAL TRACEABILITY MARKET ANALYSIS
Rising mergers, agreements, and acquisitions by market players are expected to propel the global pharmaceutical traceability market over the forecast period. For instance, on January 6, 2021, Bureau Veritas, a global leader in the provision of laboratory testing, inspection, and certification services, collaborated with Optel, a leading supplier of traceability systems based in Canada, to launch V-TRACE, a comprehensive and assured traceability solution for COVID-19 vaccines across the entire supply chain. These factors are expected to support global pharmaceutical traceability market growth over the forecast period.
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