Executive Briefings

New Prescription Required for Changing Pharmaceutical Supply Chain

Leading pharmaceutical and biotech companies must continue to adapt to increasing global competition, regulation and pricing pressures. In response, the pharmaceutical industry is undergoing a major value chain transformation.

Time to market continues to be crucial. Developing processes that can be up and running quickly, enable fast changeovers, and reformulation as needed, can make the difference between success and failure in this fast-paced market.

Contract manufacturing can provide an effective approach to get production running quickly. The pharmaceutical industry has witnessed a shift from a vertically integrated business model to a network of suppliers. Contract manufacturing has evolved as one of the integral components of the pharmaceutical supply chain. The current marketplace has numerous established and emerging companies that can manufacture new products, offering a diverse collection of services. The scale of operation varies from manufacturing for clinical trials to full production. Contract manufacturing includes active pharmaceutical ingredient and finished dosage forms manufacturing. Contract manufacturing can also encompass packaging.

Another trend is the emergence of single-use disposable manufacturing.

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Time to market continues to be crucial. Developing processes that can be up and running quickly, enable fast changeovers, and reformulation as needed, can make the difference between success and failure in this fast-paced market.

Contract manufacturing can provide an effective approach to get production running quickly. The pharmaceutical industry has witnessed a shift from a vertically integrated business model to a network of suppliers. Contract manufacturing has evolved as one of the integral components of the pharmaceutical supply chain. The current marketplace has numerous established and emerging companies that can manufacture new products, offering a diverse collection of services. The scale of operation varies from manufacturing for clinical trials to full production. Contract manufacturing includes active pharmaceutical ingredient and finished dosage forms manufacturing. Contract manufacturing can also encompass packaging.

Another trend is the emergence of single-use disposable manufacturing.

Read Full Article