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| home > pmps > winter 2003 > vertical and horizontal integration offers supplier partnerships in drug development and manufacturing |
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Pharmaceutical Manufacturing and Packing Sourcer
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Pharmaceutical drug development is highly competitive - for the successful companies it can mean billion dollar revenues when a drug hits the market; for the unsuccessful, particularly smaller biotechs with limited pipelines, it can herald complete business failure. Thus pharma companies are looking for every advantage they can gain to shorten timelines, add innovation and drive down costs. This presents a market opportunity to suppliers of this industry, to develop products and services that can really add an edge. The pharma supply industry is in transition from smaller niche players with limited catalogue products, to true partners that provide a single source of supply.
In order to provide the true partnership that industry demands, pharma supply companies must integrate horizontally - by in-house investment and by acquisition to develop the widest possible product offering. The supply company must also develop vertically - to offer 'just in time' product delivery from sophisticated logistics management and distribution, through to high quality manufacturing, not only of in-house products, but also on a bespoke basis to support customers' specific needs as products move up the development chain.
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Industry Events |
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Global Clinical Outsourcing Partnerships
26-27 March 2009, Mariott Hotel, Brussels
This Jacob Fleming event is designed to promote direct business. It features a two-day educational session with case studies, presentations and interactive sessions. This forum offers networking and the forging of new business partnerships in a unique business-driven environment.
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BASi Opens New Office in Europe
12th November 2008
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