Blockchain integrated Internet of Things (IoT) framework will help to overcome this hurdle as it ensures a transparent way of sharing information with all stakeholders in the whole end-to-end supply chain network.
The University of Hyderabad has collaborated with Dr. Reddy's Laboratories to develop cold chain logistics solutions for pharmaceutical firms. Professor Vijaya Bhaskar Marisetty and Dr Varsha Mamidi, School of Management Studies, University of Hyderabad (UoH), will lead a project, in partnership with Dr Reddy's Laboratories.
Pharma companies routinely face multiple compliances, reconciliation issues in their supply chain, especially when exporting critical drugs and vaccines. On several occasions, their products are rejected or delayed due to lapses in the process. Blockchain integrated Internet of Things (IoT) framework will help to overcome this hurdle as it ensures a transparent way of sharing information with all stakeholders in the whole end-to-end supply chain network.
Given that the information on the Blockchain is immutable and audit-ready, this will enhance trust and efficiency in the system. This initiative will provide a first use case for increasing exports. The project is supported by the Institution of Eminence (IoE) entrepreneurial research grant of the university Dr Ravi Prakash Mathur, Head, Global Logistics will be leading the team from Dr Reddy's.
The varsity was earlier granted a patent Novel anti-HIV-1 heteroaromatic compounds targeted to HIV-1 associated Topoisomerase II beta kinase. The discovery of a new compound has been accomplished through the efforts made by a team under the supervision of Prof Anand Kondapi for the treatment of HIV-1 infection as a new line of therapy, in the Laboratory for Molecular Therapeutics, Department of Biotechnology and Bioinformatics, School of Life Sciences.
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