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Varcode's technology tracks the vaccine's temperature as it moves through the supply chain. Varcode CEO Joe Battoe, joins 'Squawk Alley' to discuss the digital supply chain tracking company and how it works.

Co-Host, Dierdre Bosa, posed the question, “Can you give us an idea of how frequently doses are being spoiled - how critical this technology is, because of what we’ve seen so far?”. 

Joe Battoe, Varcode CEO, responded, “In 2019, the WHO (World Health Organization) and industry trade associations put the number at about 25% of vaccines reach their destination degraded (due to incorrect cold chain handling).”

This has been one of the fastest vaccines to develop, yet one of the hardest to deploy.

Watch the full interview here: CNBC - Squawk Alley 

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