Up and down the supply chain, the pharmaceutical industry will work hard to achieve traceability per DSCSA standards. Greater consumer demand and a heightened focus of customization at the patient level will force smaller batches and shorter lead times for packagers. Through all of the changes, quality management remains top-of-mind for pharmaceutical packaging manufacturers.
Increased government regulations, rising consumer demand and personalized care are among the top five reasons for growth in the pharmaceutical and medical device industry, according to PMMI, The Association for Packaging and Processing Technologies. PMMI just released the 2017 Pharmaceutical and Medical Device White Paper and accompanying infographic exploring the top five forces shaping this market.
The global e-pharma market is expected to reach U.S. $109.2 billion by 2025, according to a new report by Grand View Research Inc. The market is primarily driven by constant increase in the number of internet users, improved access to web-based & online services, and rapid increase in aging population who find it difficult to visit pharmacies.
Serialization Expert Supply Chain Wizard to co-host Summit which aims to provide insight into cost-effective compliance with track & trace mandates for pharma contract organizations in Europe & U.S.