Bertrand Teplitxky is the founder and CEO of Secure Packaging Systems Inc., based in Cupertino. SPS is the leader in the design, development and integration of tamper-evidence and electronic security features in critical products such as pharmaceuticals, cosmetics. Prior to SPS, Bertrand was an executive in a number of companies including NPoint, a start up (VP of Operations), AVI (Founder, President), Heritage (Founder, VP marketing, Xerox (Director international operations), BASF (Director, Marketing, Sales Southern Europe) and ITT (Assistant Comptroller). Bertrand holds a masters degree in Economics from Sorbonne University (Paris France) and an MBA from Boston College.
Everyone should be aware of one simple fact that touches all of us: Counterfeiting is one of the fastest growing economic activities, which will reach a total global $ 1 Trillion by 2010! In the pharmaceutical industry, the problem is very real. The industry grows at 3-5% CAGR while pharmaceutical counterfeits grow at 16% CAGR. In addition to counterfeiting, there are a number of issues which also have to be looked at, and sometimes are more important to manufacturers than overtly fighting counterfeiting. Tracking and tracing drugs is one answer. Although the number of issues make it difficult to adopt a single standard, there are easy solutions that can be implemented right away and would be steps toward more security. Let’s look into it!
