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Pharmaceutical innovations aren’t slowing down, so why should smart logistics?
November 17, 2015
By: Wanis Kabbaj
UPS
In entertainment, late filmmaker Cecil B. DeMille once said, “Creativity is a drug I cannot live without.” The same can be said in healthcare about today’s 7 billion global healthcare consumers, who are living longer, have better access to quality care, and are demanding more choices, more convenience and better outcomes. It’s an evolving paradigm, and finding creative ways to deliver the world’s sophisticated, high-value pharmaceuticals to emerging markets requires continuously new thinking. Sure, the same supply chain issues will continue to pose steady challenges, cost and compliance chief among them, but leveraging cold supply chain innovations—big and small, scientific and common-sense —will produce significant gains in years to come. Pushing what’s possible The increase of temperature-sensitive pharmaceuticals entering the global marketplace is changing the game on how products are packaged, stored and shipped. Also, enhanced technologies (think 3D printing and cryogenics) and patient-centric trends (think kidney dialysis and cancer screenings performed in the home setting) are shattering the status quo. Third party logistics providers (3PLs) will be challenged more and more to keep pace as healthcare companies continue to push what’s possible. Take a look:
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