Company History

2008 - Audit of fully operational system made public
An independent audit, carried out by the Katholieke Universiteit Leuven in Belgium demonstrates the Aegate authentication process to be fully reliable and an effective method to identify authentic, recalled, expired and suspicious drugs at the point of dispense.

2008 - Aegate transfers into IPEX
IPEX capital, an independent, UK-based venture capital company demerges from PA Consulting to becomes the majority shareholder in Aegate. IPEX continues to work closely with PA Consulting, providing Aegate with access to PA's broad expertise and reach.

2008 - Aegate launches in Italy
Italy becomes the third nation in Europe for Aegate to launch its patient safety service in, allowing pharmacists to receive up-to-date safety information.

2007 - Aegate expands European presence with deployment in Greece
After successful implementation in Belgium, Greece becomes the second country in Europe to recognise the benefits of mass serialisation technology, using Aegate's service to ensure patients remain free from receiving substandard medicines.

2006 - Technology completed development
Post pilot, full scale operational technology architecture completed and ready for implementation.

2006 - Aegate launches world's first patient safety system in Belgium
In partnership with L'Association Pharmaceutique Belge (APB), Belgium becomes the first country to pioneer Aegate's authentication at the point of dispensing patient safety service. The service becomes fully integrated into existing pharmacy software, meaning there is no additional technology requirement for the service to take place.

2004/5 - Aegate repeats UK study in USA
Aegate undertakes the largest tagging study of pharmaceutical products the USA has seen involving over 40 pharmacies in the state of New York. The study addresses item level authentication of medicines before they reach the patient, showing the applicability of technology across different environments.

2003/4 - Aegate launches three month pilot in the UK with British Telecom
Aegate runs a three month study involving 44 pharmacies and six drug companies to show that wrongly selected, illegal, expired and counterfeit medicines can be identified at the point of dispensing, with minimal interruption of the day-to-day running of the retail pharmacy.

2003 - Aegate spun out of PA Consulting Group
Systems and technology management consulting firm PA Consulting announce launch of Aegate, a company dedicated to improving patient safety through the creation of its 'Authentication at the point of dispensing' service.