Ugandan President Supports MediConnect Blockchain Project To Fight Counterfeit Drug Issues
MediConnect is a blockchain-backed firm that aims to reduce the circulation of counterfeit drugs within the pharma chain, inform patients of recalled drugs and ensure that said patient's order prescriptions from a reliable source.
News regarding Uganda’s interest was initially announced on Monday, July 22, 2019, in which the blockchain-backed firm highlighted that it received
Based on the claims made, the latter’s solution will be implemented in the country, which was finalized upon a meeting including President Museveni, Minister of Health, Dr. Jane Ruth Aceng and other government officials.
The CEO of MediConnect, Dexter Blackstock has since expressed gratitude in being able to garner such an opportunity, which could potentially determine MediConnect’s journey moving forward. In particular, he highlighted that,
“This is an important opportunity for MediConnect to form part of Uganda’s national infrastructure and protect its citizens by ensuring all drugs in circulation are authentic and safe,”
adding that of the country’s prescribed drugs, 10 percent of them are sold illegally on the market.
The Founder of a Pentecostal Ministry, Uebert Angel, who is also supposedly a strategic partner at MediConnect, expressed joy in being able to participate in a project that aims to protect one’s life from counterfeit drugs. Angel went on to express that:
“It is […] humbling to be able to make a difference by investing in the country’s pharmaceutical sector and partnering with MediConnect to identify fake drugs and prevent them from reaching end-users.”