This document discusses the importance of managing medicinal data within and between the pharmaceutical industry and regulatory agencies. It outlines challenges such as ensuring consistent high-quality drug production, evaluating drug safety and efficacy, and exchanging information accurately. Examples are given where failures in data management led to health issues or drug shortages. The document argues that integrating systems using technical and semantic interoperability standards, and defining a single source of truth for medicinal product data, can help address these challenges by improving information sharing, signal detection, and corrective actions.