Third-Party Manufacturing: Myths vs. Reality

The pharmaceutical industry has grown tremendously because of third-party manufacturing where companies outsource their manufacturing to knowledgeable partners.??

Although the model offers great benefits, there are still common myths surrounding third party manufacturing that could cloud the judgement during decision-making process.

Myth 1: Third-Party Pharma Manufacturing is Too Expensive??

This is one of the most common myths. Third party manufacturing is much cheaper than in-house production. The financial requirements for a startup to make and put into use a sophisticated plant while recruiting trained and knowledgeable personnel and meeting regulatory compliance are quite huge for small and even medium-sized enterprises.

Myth 2: Outsourcing Impacts Quality ??

This is false entirely. Third party manufacturing associations are high-end, high-quality producers and manufacturers. Failure on their part to deliver quality will spell disaster for their marketing and business.

Myth 3: Only Big Companies Use Third Party Manufacturing ??

The misconception that only big companies can outsource production through third party manufacturing is false. There are many companies that offer their services to all players in the market, small or big, with an eye on quality.

Myth 4: Outsourcing is Complicated?

Fear of loss of control over production is what makes many owners question collaborating with a third party, while, in practicality, third party manufacturing is a simple and painless process for the most part. Reliable manufacturers will be open and honest, ensuring that everything in the production is on time and is of superior quality, while allowing you full visibility of the process.

Third-party manufacturing is a cost-effective, reliable, and scalable solution. With state-of-the-art facilities, and advanced, cutting-edge technology, third-party manufacturing companies help businesses to produce quality products at optimum cost and time. ??

Sending your pharma production out to the right third-party partner will save you money while improving quality and causing higher levels of efficiency.