TORONTO, March 3, 2025 – In the face of rising global concerns over counterfeit pharmaceuticals, XenTag has introduced a groundbreaking security solution that is setting a new benchmark in pharmaceutical authentication.
The “Authenticated by XenTag” seal represents more than just a label—it is a guarantee of trust, backed by advanced encryption and blockchain technology that makes counterfeiting virtually impossible.
A Critical Leap Forward in Pharma Security
The pharmaceutical industry faces increasing threats from counterfeit drugs that put patients at risk and erode trust in legitimate manufacturers. XenTag directly addresses these concerns with its patented dual-encryption NFC tags, ensuring that every protected product is genuine, tamper-proof, and uniquely identifiable.
“The stakes are too high when it comes to pharmaceutical security,” said Vishal Singh, CEO at XenTag. “With XenTag, we’re not just securing products—we’re securing lives. Our technology ensures that every medication bearing our seal is authentic and safe for consumers.”
Blockchain-Powered Transparency & Traceability
XenTag’s authentication system integrates seamlessly with blockchain technology, creating a permanent and verifiable digital record for every product. Pharmaceutical companies can trace key data, including:
- Batch and lot numbers
- Production date and location
- Genesis data and supply chain movement
By storing this information on the Algorand blockchain, XenTag provides a tamper-proof link between physical products and their digital authentication records, setting a new gold standard for compliance and transparency in the industry.
Eliminating Counterfeit Risk for Life-Saving Medications
For pharmaceutical companies, the risk of counterfeiting extends beyond financial losses—it has life-threatening implications for patients. XenTag’s technology eliminates this risk by ensuring that every product carrying its seal is backed by indisputable proof of authenticity.
“Counterfeit drugs are a $200 billion global problem,” said Puneet Randhawa, Head of R&D. “XenTag’s innovation is a game-changer for the pharmaceutical industry, offering a secure, scalable, and highly reliable way to protect consumers and manufacturers alike.”
Availability and Implementation
XenTag is actively partnering with pharmaceutical companies to implement this next-generation authentication technology across supply chains. Companies interested in integrating XenTag into their security framework can contact us at [email protected] or visit https://xentag.com/ for more details.
About XenTag
XenTag is a leader in next-generation smart labeling technology, offering unclonable, tamper-proof authentication solutions for the pharmaceutical industry. By combining advanced encryption with blockchain transparency, XenTag provides manufacturers with an unmatched security solution to combat counterfeiting and protect consumer safety.
