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| home > pmps > winter 2002 > improving efficiency and reducing costs - what part do information systems play? |
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Pharmaceutical Manufacturing and Packing Sourcer
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The pharmaceutical industry isn't alone in feeling the pressure that companies across almost all markets face to drive down costs, increase profit and grow market share. But these demands are compounded by forces peculiar to pharmaceutical production. These include evolving regulatory requirements, the explosion of competition caused by the dissolution of patent protections and the relationship between drugs and peoples' health. This is a high-cost and high-risk industry. On average it costs $500 million and takes 10 to 12 years to develop a new drug, although only one in three actually yields return on investment (ROI).
Faced with such pressures, it has become imperative for pharmaceutical companies to look at ways to streamline processes and increase efficiency. This starts at the drug development process and runs right through to the manufacture and dispatch of products. Efficiency is crucial to the successful, profitable production of expanding product lines.
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Industry Events |
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7th Annual Pharma Packaging and Labelling conference
17 September - 18 October 2008, Barcelona
7th Annual Pharma Packaging and Labelling conference will bring
together experts from leading pharma manufacturers to present case study driven
presentations on critical industry-wide issues.
Attending this event will give you an opportunity to discuss with fellow
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matters.
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News and Press Releases |
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“PACK DIFFERENT” with EMBALLAGE 2008
“Business, Innovation, Outlook” are the watchwords for the 38th World Packaging Exhibition which opens in Paris from 17 to 21 November 2008. Fifteen months before the key packaging event of the end of 2008, EMBALLAGE displays its differences to offer you a new edition that is even more representative, international and rich in new features.
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