Amware Logistics LLC has acquired the assets of ParcelPort LLC, a provider of high-volume product and literature fulfillment services. The latter will be integrated into Amware under the name Amware Fulfillment Services.
Intelleflex Inc. has entered into a partnership with DeltaTRAK Inc. to enhance cold-chain technology for the food, pharmaceutical and processing industries.
Korea's largest pharmaceutical company, Hanmi Pharmaceutical, is testing a radio frequency identification system at five of its wholesalers, as well as at five retailer locations throughout the nation.
According to Interpol, the return on investment for counterfeiting pharmaceuticals can be over 20 times more than the return on dealing illegal drugs. In addition to making more money, counterfeiters usually face relatively lower penalties if caught.
The replacement by Swiss International Air Lines Ltd. of Boeing 737s with widebody aircraft between Zurich, Switzerland and Newark, N.J. will allow Swiss WorldCargo, the carrier's cargo division, to market additional cargo space on that route.
The Healthcare Plastics Recycling Council (HPRC) appointed Kaiser Permanente and Stanford University Medical Center to its Healthcare Facility Advisory Board to help the council set priorities and steer the agenda towards its mission of inspiring and enabling sustainable, cost-effective recycling solutions for plastic products and materials used in the delivery of healthcare.
Analyst Insight: Recently, Big Pharma went through a significant period of mergers and acquisitions to gain a global market presence and product offering expansion. Now it appears the tides may be shifting. A segment of Big Pharma is shedding non-core business units and focusing on core profitability. But the acquisition strategy is not dead. These diverging paths are both focused on increasing flexibility and profitability to adapt to market uncertainty. Supply chain planning and adaptability have moved forward as integration of business units has increased in all regions of the globe. - Brian Hudock, partner, Tompkins International