Pharmaceutical

Innovation is a key word throughout the pharmaceutical industry and the healthcare community. Pursuit of it is a business imperative for Pharma and our experting in supply chain infrastructure are doing great things for the industry.

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 focused on clinical trials for FDA approval, the pharmaceutical industry is struggling to find ways to meet these challenges.

Over the past few years, the FDA and other regulatory agencies have demonstrated greater concern regarding data integrity.  As the pharmaceutical industry transitions and embraces the use of digital tools and capabilities, more data is collected, stored, reported on and analyzed.  This includes data from devices such as temperature fluctuations.  “A culture of quality” with respect to data integrity has been linked to improved patient outcomes.  Focusing on data integrity can help facilitate better patient health, adherence to regulatory standards and other benefits.

The necessity of highly controlled storage, handling and transportation of drug products has led to increased adoption of technology in pharmaceutical logistics.  Today, packaging innovations, monitoring and tracking device advancements and other tools that rely on IoT.  Using IoT-enabled devices provides vital real time data that can be analyzed and used to optimize processes as well as for other purposes.  As with all data, this information must adhere to the requirements for integrity.

Pharmaceutical manufacturers, warehouses and distribution centers, 3PLs and others across the pharmaceutical supply chain logistics industry utilize data from IoT devices to facilitate documentation of regulatory compliance.  Data from IoT devices can be fed into warehouse management systems and aid in optimizing operational process and workforce labor performance.

For smart manufacturers, the use of IoT devices improves the efficiency and productivity of manufacturing operations, helping to minimise new product delivery to market. 

By connecting their data to automation and processes they can more accurately keep their fingers on the pulse of the entire operations in real time and ensure everything moves smoothly.

2019 will undeniably be a year of change across the pharma supply chain industry.  Pharma companies are seeking innovation in manufacturing, improved quality control and enhanced drug supply chain security, all while reducing costs and enhancing patient outcomes.

As pharma supply chain companies restructure and implement sophisticated new technologies, patients wait and hope for a better future for prescription drug prices and healthcare delivery.