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Qualifyze swallows $54M to improve pharmaceutical supply chains

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In the world of pharmaceuticals, companies aim to operate under GMP guidelines — a set of production and manufacturing measures to assure standards for medicinal products. But too often, the reality is anything but that. 

“Officially, GMP stands for ‘Good Manufacturing Practices,’” said Dr. David Schneider, the founder and CEO of Qualifyze. “But people joke that it actually stands for ‘Give Me Paper,’ because everything is paper-based in the pharma industry.” 

https://techcrunch.com/2024/09/10/qualifyze-swallows-54m-to-improve-pharmaceutical-supply-chains/