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Nucleotrace has developed the first product-integrated supply chain monitoring and anti-counterfeiting technology for consumable products. Information such as the batch number, expiry date and manufacturing facility are encoded into fragments of DNA which are incorporated into the product as a non-toxic molecular fingerprint. Nucleotrace technology has the capacity to significantly reduce drug counterfeiting which is responsible for one million deaths and costs the pharmaceuticals industry $100 billion each year.
|Category:||Defence, Health & biotech|
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Inspire9, 41 Stewart St.
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Won Tech23's Innovation Excellence Award and Addisons Award
Accepted into Startmate accelerator (includes $75k funding)
NOTE: Company News, Milestones and Funding are as collected by Techboard as part of our Monthly Startup Ranking
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