Planning supply chains early is an important part of maintaining margins but is often overlooked by Pharmas too focused on developing the next product in an era of patent expiry says industry consultant.
Amarin plans to add a fourth API maker to its supply chain as it prepares for a potential launch of its triglyceride lowering therapy, AMR101, in the US in 2012.
SAFC announced its new aggressive growth strategy, including plans to expand in the developing markets, at its conference in Irvine, Glasgow last week.
Supply chain strategy implementations are more likely to succeed when they have the active support of the board and senior executives, according to research.
Nearly half of healthcare supply chain executives are planning to expand into emerging markets in the next 18 months, according to a UPS survey, but are concerned about the process.
eBizNET has entered into a strategic relationship with CDC Software, which is expected to accelerate the deployment of its SaaS supply chain systems in emerging, high growth markets.
DHL is investing $15m (€10.2m) in its logistics infrastructure in Asia, increasing capacity in India to meet demand for supply chain services that are in compliance with stricter regulatory and quality requirements.
NXP and Siemens have collaborated to create a RFID system capable of bulk reading hundreds of labels, which they believe could improve efficiencies across the pharma supply chain.
Large pharma companies will increase the level of supply chain activities they outsource in the next few years but smaller businesses are predicted to keep them in-house, according to a report.
IBM has launched a new ePedigree system to attack the problem of
drug counterfeiters and to help companies adhere to the emerging
track and trace regulations.
Kuehne + Nagel (K + N) has inked a new pact with UK-based drug
maker AstraZeneca to provide the global cold chain air and sea
freight for some of its products.
British drug maker AstraZeneca has awarded UK-based NYK Logistics a
two and a half year contract for the distribution of its drugs
throughout Europe, worth £6m (€8.9m).
The burgeoning Japanese pharmaceutical market is set to boost the
third party logistics (3PL) sector as drug makers are expected to
increase their reliance on outsourcing for this type of services in
the future, a new report said.
Movianto has more than doubled its pharmaceutical storage capacity
at two of its European sites with the construction of two new
warehouses, in answer to increased demand.
This year is shaping up to be another good year for third party
logistics (3PL) services firms focused on the pharmaceutical
industry, according to Sentry.
Drug makers need to put in place greater cold chain management
capacity, in house or by outsourcing the service, as the biotech
market continues to boom.
Although pharmaceutical distributors may be reluctant to integrate
radiofrequency identification (RFID) technology into their supply
chain infrastracture, manufacturers are pushing RFID by holding
distributors accountable for errors...
The worldwide market for supply chain management (SCM) software is
tipped to grow 8.6 per cent a year to reach over $8.3m (€6.8m) in
2010, driven by the need to streamline supply chain processes and
improve productivity.
TAGSYS have developed two new item-level radio frequency
identification (RFID) readers that it claims will improve
pharmaceutical inventory management.
Sentry Logistic Solutions has debuted on the pharma scene,
launching a new range of services dedicated soley to the cold-chain
logistics, storage and packing of bulk pharmaceutical and
biotechnology components and finished products.
As pharma companies continue to search for new areas of business to
outsource, third party logistics (3PL) is an area tipped for
dramatic growth over the next four years, particularly in Europe
where the practice is still in its infancy,...
Omron Corp aims to invest $20 million in the next two years in an
attempt to capture a larger slice of the RFID market, which is
expected to swell from $1.95 billion (€1.65 million) in 2005 to an
estimated $26.9 billion in 2015, driven...
Sun Microsystems have strengthened the fight against drug
counterfeiting by launching a unique RFID software package tailored
to the specific needs of the pharmaceutical industry.
US-based Avery Dennison is now producing radio frequency
identification (RFID) inlays using a new high-speed manufacturing
process to meet what the company believes will be a booming demand
for clients who ship cartons and pallets.
Companies in the European life sciences industry could save
significant sums of money, up to 5 per cent of turnover in some
cases, by considering tax implications in their supply chain
strategy, according to a report from consultants...
As the pharmaceutical industry gears up to use radiofrequency
identification for supply chain management, medical suppliers in
Germany have already adopted the technology to track blood products
and no plan to use it safeguard quality.
Retailers should let suppliers meet upcoming RFID mandate deadlines
at a gradual pace to avoid creating a tag shortage or costing them
a fortune, says a prominent think-tank.
Despite the protestations of suppliers, the cost of passive tags
used for radiofrequency identification (RFID) will not fall as low
as 5 cents per unit, and is more likely to be at the 16 cent level,
according to a recently published...
Sun Microsystems has been working on a number of initiatives
designed to help manufacturers improve supply chain efficiency and
achieve RFID compliance in time.
Videojet Technologies has developed the Videojet Broadcast System
as a cost effective means of helping suppliers meet tight retailer
mandates on RFID implementation.
A leading consultancy firm has predicted the use of radio frequency
identification (RFID) within the pharmaceutical industry could
prevent most of the 1.25 million adverse reactions and 7,000
patient deaths annually in the United...
A soon-to-be published reference book that highlights the
compliance of Wal-Mart's suppliers with its RFID model says that
the system is set to change the rules of the global supply chain.
US-based wholesaler HD Smith has followed the lead of retail giant
Wal-Mart in adopting a system of electronic product code (EPC) and
radiofrequency identification (RFID) to track controlled
pharmaceuticals.
