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| home > pmps > summer 2004 > strategic outsourcing: a growing trend in the pharmaceutical industry |
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Pharmaceutical Manufacturing and Packing Sourcer
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Over the last few years, the licensing standards of regulatory authorities have grown increasingly strict and, with global competition, cost pressures have intensified. In this competitive market, technologies are obsolescing faster than ever while the demand for quality continues to rise. The need for specialised knowledge and improved quality control, coupled with soaring process costs, are driving many pharmaceutical companies to rethink their strategies. As a result, the general industrial and service outsourcing trend that began in the 1990s has finally hit the pharmaceutical industry.
The pharmaceutical companies that choose to outsource certain processes are chiefly divided into two camps. In one camp, a growing number of business leaders see outsourcing as a key component of their strategic plan. For others, however, outsourcing is merely a short-term measure for relieving emergency bottlenecks, particularly in production. Interestingly, most critics of outsourcing come from the latter camp - their last minute decisions to outsource often used to solve the problem at hand at the expense of efficiency and increased costs. Before deciding if outsourcing is the right option for a company, one must ask why one is outsourcing - namely to which camp one belongs. Superseding this question, it is imperative in either case to be exceedingly thorough in selecting a contractor.
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Small Scale Biomanufacturing – clinical trials, cell & gene therapies
18 September 2008, Clifton Pavilion, Bristol Zoo Gardens, Bristol
This one day conference, sponsored by bioProcessUK and organised by BioApproaches South West, will cover key, important topics relating to small scale GMP biomanufacturing.
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