Logistics Becomes The Rising Star In Pharma
Pharmaceutical product development is changing. The need to produce significantly higher potency large molecule biopharmaceutical drugs to improve efficacy and tailor drugs to the individual needs of a patient puts new pressure on transportation and shipping. Why? The reason is that these newer more complex protein based drugs are highly sensitive to temperature changes, and are often required to be shipped under strict temperature control of typically 2° to 8°C.
Recent research says that the global biopharmaceuticals market was worth US$136 billion in 2014 and is expected to experience a healthy growth rate in the future. In addition to higher potency, efficacy and more personalization, other key factors that will contribute to the growth of the biopharmaceuticals industry include higher approval success rates and significantly higher cost of therapy compared to traditional medications.