Pharma/Life Sciences
2021 The State of Pharma Outsourcing
According to an original investigation published in JAMA in 2020 using publicly available data, drug companies spend $1 billion on research and development to bring one new medicine to market.This study included 63 of 355 new therapeutic drugs developed by 47...
Ireland’s Crowning Glory: A Thriving MedTech and Pharmaceutical Industry
Across the world, patients depend on medications to treat infectious diseases, as well as special therapeutics for orphan drugs and rare diseases, clinical trials for new drugs to treat cancer and other conditions. The process of drug discovery is an expensive one. ...
The Challenges of COVID-19 Vaccine Transportation and Distribution
Important note: This blog is based on information publicly available as of October 9, 2020. Although much of the news regarding the COVID-19 vaccine has been devoted to the research, development, testing and approval of the various vaccines, notable other issues...
What is Drug Commercialization and Why Is It Outsourced?
It is widely known that developing new drugs is an incredibly costly, time consuming venture that requires millions of dollars and years of effort, but that is only the beginning of the story. Innovation and breakthroughs in medical science do not necessarily...
The Value That Contract Packagers (CPOs) Bring to the Pharmaceutical Industry
Over a period of several decades, the pharmaceutical industry has shifted, transitioning towards a practice of outsourcing not only manufacturing and packaging but also essential services including drug commercialization, e-pedigree services, product launch and so...
Pharmaceutical Industry Evolution: What is Postponement Packaging?
What Is Postponement Packaging? Also known as late-stage customization, the term postponement packaging refers to the supply chain practice of retaining a product in a standardized format for as long as possible. This involves making the drug product packaging...
Major Industry Trends Impacting Pharmaceutical Packaging
Pharmaceutical manufacturing organizations label and package all kinds of drug products every year and do so with increasing levels of complexity. From adding package inserts that focus on patient compliance, to blister packs, closure systems, plastic containers with...
Onshoring U.S. Pharmaceutical Manufacturing: COVID-19, Congress and Puerto Rico Pharma Hub
With its significant investment in biomedical research, the United States is one of the foremost leaders worldwide in drug discovery, research and development, however, it is no longer as prominent in drug manufacturing. Over the past few decades, drug manufacturers...
How Pharma and Life Science Distributors Avoid Supply Chain Disruption During COVID-19 Outbreak
First, consumers and professionals in the pharmaceutical industry feared that the trade wars would cause supply chain disruptions. Now, a more insidious risk has emerged, one more challenging to conquer. In this challenging time of the COVID-19 outbreak, many...
Coronavirus May Disrupt U.S. Pharma/Life Sciences Supply Chain
As of February 13th, 60 million people in China have been quarantined to prevent the spread of the dreaded coronavirus. For those of you keeping a close eye on the situation to make informed decisions, here is a real time coronavirus COVID-19 global case tracker by...
How New 3PL Pharma Services and Title Models Can Benefit Drug Manufacturers
The highly complex pharma life sciences industry seems to be constantly changing. To keep up with the pace of change, ensure regulatory compliance and meet the needs of patients and drug manufacturers, pharma manufacturers have ramped up outsourcing to 3PLs and other...
What is Pharmaceutical Contract Manufacturing?
Pharma contract manufacturers help fast track new drug products to marketWhat is a contract manufacturer in the pharmaceutical industry? Did you know that only about one third of pharmaceutical manufacturing is actually conducted in house? It’s true. From cell...
E-Commerce Drug Delivery and the Role of U.S. Pharmaceutical Distributors
Back to Basics: The Essential Role Pharma Distributors Play in Today’s Supply Chain Did you know that pharmaceutical distributors handle 92% of the prescription drug products that flow through the secure ecosystem in the United States? Essential to the process,...
3PL Pharma Services Boom with the Expansion of Specialty Pharmaceuticals
Over the past decade or so, the pharmaceutical industry has changed dramatically. As costs have risen, pharmaceutical manufacturers have scaled back operations and outsourced manufacturing, drug development, research, testing and laboratory functions as well as the...
Pharma Serialization, Aggregation and DSCSA
Why Has Serialization Become Necessary in the Pharma/Life Sciences Industry? Helps to eradicate counterfeit prescription drugs and protect consumers Serialization increases the efficiency of the pharma supply chain Improves inventory visibility Enables collection of...
Introduction to Specialty Pharmaceutical Distribution
First, a Primer about Specialty Drugs In previous blogs, we have mentioned that specialty pharmaceuticals are on the rise. Since 1990, the number of specialty drug approvals has increased dramatically. What characteristics are used to define if a pharmaceutical...
The Case for Pharmaceutical Serialization and Aggregation
What is pharmaceutical serialization? By assigning a unique serial number to each pharmaceutical product, goods can be identified and tracked throughout the entire pharmaceutical supply chain. Information including the product origin, shelf life and batch number...
Pharmaceutical Industry Restructuring Results in Increased Outsourcing
The pharmaceutical industry is in the throes of a massive sea change, one that will undoubtedly impact human health for decades. Due to forces such as the need to curb drug development and operational costs, dealing with a troubling skills gap across the industry and...
5 Trends Impacting the 2019 Pharmaceutical Supply Chain
Increased emphasis on improving patient outcomes, reducing drug pricing and expediting drug development have put the pharmaceutical industry at odds with regulators and the patients it serves. From top pharmaceutical companies to smaller biopharmaceutical companies...
Can Keeping Pharmaceutical Warehousing Costs Under Control Rein in Drug Prices?
With the recent Congressional hearings regarding skyrocketing prescription drug prices, consumers and politicians are struggling to find ways to rein in pharmaceutical product costs. Other industries are finding the pace of change daunting these days, but the...
3PLs, Specialty Pharmaceuticals and Direct Drug Distribution
Yes, the Wall Street Journal is correct. The pharmaceutical and health care industries are in the throes of massive change. From a transformation to value-based health care and prescription drug pricing to the rise of biologics and specialty pharmaceuticals, the...
Biologic Pharmaceuticals and Cold Storage Warehousing
The need for refrigerated cold storage warehouses and temperature-controlled transportation is on the rise due to the rise in biologic drug development If you are like most Americans, you have seen the ads by pharmaceutical companies on television and social media...
Pharmaceutical Supply Chain: Value-Based Prescription Drug Prices
The cost of prescription drugs and medical insurance is on the minds of many Americans. Many consumers wonder why costs seem to be spiraling out of control as compared to that of other Western industrialized nations. Although the need for high quality, affordable...
Pharmaceutical & Health Care Supply Chain Vertical Integration
Consolidation and Vertical Integration in the Health Value Chain is Disrupting the Pharmaceutical and Health Care Industries In terms of future personal finance and health, year after year, when asked, the major concerns of American consumers include Social Security,...
5 Factors Impacting Pharmaceutical Healthcare Industry Transformation
Every year, health care and prescription drug pricing are among the major issues and top stories of the day. From Facebook posts to articles in print issues of national magazines, the issue of affordable healthcare is one that interests and concerns consumers. The...
All You Need to Know about Pharmaceutical Repackagers
Today, more than ever before, it is easier for consumers to reach for their computer, Smartphone or tablet before making purchasing decisions. Consumers can (and do) conduct research online to learn about such issues as what is driving up the cost of health...
The Pharmaceutical Industry and the Digital Supply Chain
Implementation of DSCSA mandates has provided an opportunity to transition from a complex traditional pharmaceutical supply chain to a digital pharmaceutical supply chain. By executing on the DSCSA vision, a system of electronic drug product traceability will improve...
How Does the Pharmaceutical Supply Chain Work?
With the debate about U.S. healthcare about to heat up again on the news and social media, it is time to take a look at the pharmaceutical supply chain. The pharma marketplace is evolving quickly. The advent and acceptance of costlier, more condition-sensitive...
DSCSA and Third Party Pharma Life Sciences Logistics Providers
How DSCSA Impacts 3PLs In 2013, the Drug Supply Chain Security Act (DSCSA) was passed, ushering in an era of changes across the life sciences and pharmaceutical supply chain. Designed to eventually create a digital, interoperable system capable of storing the...
The DSCSA Pharmaceutical Serialization Deadline Looms
From the United Kingdom to the United States, Canada and China, countries around the globe have put into place governmental regulations to safeguard the health and well-being of consumers with respect to medical devices, pharmaceuticals and life science goods. In...
Effectively Handle the Top 5 Pharma Challenges of 2015 with WMS
In 2015, many new challenges will be faced by pharmaceutical manufacturers and their supply chain partners. It is imperative that your business can...
Why Serialize Your Pharma Supply Chain in 2015
There are many tips, tricks and tools to make supply chains more efficient, while ensuring only the highest quality products reach consumers. One tool that will be...
Prepare Your Supply Chain: Adapt to Pharmaceutical Handling Changes
On November 27, 2014 new FDA regulations went into effect. The Drug Quality and Security Act (DQSA) was designed to further regulate the handling and...
Drug Quality and Security Act DQSA Implementation Timeline
The FDA Drug Quality and Security Act (DQSA) was signed into law in November 2013 and takes effect January 2015. Title II of the Drug Quality and Security...
What You Need to Know About the Drug Quality Security Act (DQSA)
The new Drug Quality Security Act (DQSA) signed into law by President Obama in November 2013 takes effect January 2015. Designed to address threats to patient safety and...
Pharmaceutical Supply Chain
Due to increasing pharmaceutical regulation, competitive drug prices and the proliferation of off brand pharmaceuticals the industry as a whole is going through significant change. The pharma supply chain has encountered added pressure and has made many adaptations to...
Improve the Efficiency of Your Pharma Supply Chain in 7 Easy Steps Using WMS
The pharmaceutical industry is in a constant state of flux due to companies adopting supply chain advances that have already seen success in other industries. This is...
Pharmaceutical Product Serialization and DQSA
Serialization, the process of assigning and marketing each individual pharmaceutical product or component with unique markers provides a comprehensive history of the product’s...
Pharmaceutical Warehouse Management System -Video
Thank you for taking the time to look at our Pharmaceutical Warehouse Management Software System using Datex Footprint WMS. Today we’re going to take a quick look at the functionality that we have in place for the pharmaceutical warehouse industry. So one of the first...