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Tag: pharma
Chevrier Instruments carries data loggers designed for food and pharma applications
2016-11-25 04:06:24| Canadian Plastics Headlines
KIMOs KH 50 and KT 50 instruments are autonomous compact data loggers ideal for use in the food and pharmaceutical industries. The post Chevrier Instruments carries data loggers designed for food and pharma applications appeared first on Canadian Plastics.
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Emirates SkyCargo launches new pharma facility at Dubai International Airport
2016-09-20 01:00:00| Airport Technology
UAE-based cargo airline Emirates SkyCargo has unveiled a new purpose-built facility, Emirates SkyPharma, at Dubai International Airport.
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Moberg Pharma AB Buys New Skin from Prestige Brands
2016-08-01 08:05:31| Happi Breaking News
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A Call to Action for Pharma CMOs
2016-06-10 17:08:30| drugdiscoveryonline Home Page
By Jim Miller, President, PharmSource Forecasting is central to manufacturing operations and supply chain management. It drives scheduling, raw material ordering, inventory levels and many other decisions that ensure an uninterrupted market supply of finished product. However, forecasting really doesn’t work very well when planning the manufacturing requirements for new product launches. It has to be done so far ahead, and take into account so many variables, that it is often wrong – at great cost in lost revenues or misspent capital expenditures. Manufacturing and supply chain planning must begin four to five years before actual product launch, maybe even longer if the manufacturer makes Phase 3 clinical trial materials. If manufacturing is to be done in-house, engineering studies and plans must be completed, facilities built or modified and equipment ordered, installed, and qualified. If production is to be outsourced, CMOs need to be identified, contracts negotiated, and, if special capabilities are required, the CMO must examine its engineering and capital investment program.
How to Live with Uncertain Pharma Demand Forecasts
2016-06-10 16:39:16| drugdiscoveryonline Home Page
o understand the prevalence of demand forecast inaccuracy – and the struggle to bring new products to market – Patheon commissioned ORC International to conduct in-depth interviews with 50 pharma industry executives with experience creating or implementing demand forecasts for commercial launches. The study confirms Mullen’s assessment. Every respondent said their forecasts either over- or under-estimated demand – indeed, future demand, they said, was the most difficult variable to predict. The majority of respondents said they over- or under-estimated demand by up to 25%, with some indicating that they were off by 26%-50% or even 100%. Nearly all respondents said that demand forecasting influences manufacturing decisions “a great deal.” They also noted that the consequences of inaccurate demand forecasting can be reputational damage, market share loss, lost days of production, destruction of inventory, and layoffs. A large majority of survey respondents said they plan to invest in improving their forecasting tools; almost all said they will be honing their inputs and assumptions over the next few years. And as long as there’s a satisfactory rate of return on investment, pharmaceutical companies should continue to try to improve the accuracy of their forecasts. But that’s not all they should be doing.
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demand
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