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The average packaging line contributes 20-25% of product operational cost. Faced with global political pressures to drive down the price of medicine, there is no doubt that reducing these costs will give pharma manufacturers a competitive edge. So how do we go about doing this?
My talk at ISPE Europe this week discussed a benchmark study for world class pharmaceutical packaging. This uses a holistic and strategic approach that incorporates serialization regulations throughout. Global trends in serialization and packaging include rapid changeover for low volume batches (typically 80% of batches are this way) and the fact that there is no one size fits all solution. Therefore some possible methods to streamline and save costs with new technologies include robotics, white line, a multi-market country approach, on demand trends and modular concepts.
The key to these changes is that they save money and reduce business risk. Ultimately, achieving excellent packaging performance is a competitive cost differentiator and safeguards your facility in an increasingly unstable pharma landscape.
If you couldn’t be with us at ISPE EU this year and would like to learn more about this topic, or if you have any questions, then sign up to my live webinar on the 24th of April.