BOSTON (Reuters) - IBM said on Friday it has developed technology to help drug distributors, manufacturers and retailers prevent counterfeit drugs from making their way into the market.

The product works using an existing technology: radio frequency identification devices (RFID) that each have a unique ID transmitted via tiny radio antennas incorporated into a drug's packaging.

Computer receivers pick up the data at various transit points in the drug distribution channel, making it easy to track a package's location and also update inventory records.

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