Starting in late 2022 through 2023, the biotech industry has faced some challenges, with startups grappling with funding shortages and a downturn in investor interest. However, a recent article from Stat News brings a glimmer of optimism, highlighting the resurgence of biotech startups in the fundraising arena. The article, titled “Biotech Startups Post Strongest Financing […]
In the growing landscape of pharmaceutical and biotech manufacturing, CDMOs are often challenged with finding sufficient warehouse space when increasing production. Faced with this critical need, manufacturers have two options: Build Additional Infrastructure: A huge commitment in both time and money Outsource to a Third-Party Warehouse Provider: Quick, less costly, and becoming the new industry […]
Centralized Transportation Planning: By centralizing transportation planning, businesses can coordinate shipments more efficiently, optimize routes, and reduce transportation expenses. This approach allows for consolidating shipments and capitalizing on economies of scale, resulting in significant efficiency and cost benefits in international logistics. Real-Time Visibility and Tracking: Implementing advanced real-time tracking and visibility systems provides businesses with […]
In the highly regulated pharmaceutical sector, adhering to current Good Manufacturing Practices (cGMP) is crucial for ensuring the safety, efficacy, and quality of drugs. This detailed guide outlines the pivotal strategies for maintaining cGMP compliance during the storage and distribution phases of the pharmaceutical supply chain. Understanding cGMP Regulations cGMP standards dictate the manufacturing, storage, […]
In the complex landscape of global trade, the choice of logistics provider is crucial for manufacturers looking to navigate international markets efficiently. While larger logistics companies, or “big box” providers, might seem like the default option, there are compelling reasons to consider mid-to-small size international logistics providers, especially those equipped with in-house US Customs Brokerage […]
Innovation in technology is driving significant advancements in the storage and distribution of pharmaceutical products in compliance with current Good Manufacturing Practices (cGMP). From sophisticated temperature monitoring systems to blockchain-based traceability solutions, new technologies are revolutionizing cGMP storage and distribution processes. Here are four ways how innovations in technology are transforming the pharmaceutical supply chain […]
In today’s global economy, efficient supply chain management is vital for manufacturers seeking to thrive in the competitive marketplace. From sourcing raw materials to delivering finished products to customers worldwide, optimizing supply chain efficiency can drive profitability and sustainability. Manufacturers need strategies for maximizing efficiency in global supply chain management to overcome challenges and achieve […]
The storage and distribution of pharmaceutical products in compliance with current Good Manufacturing Practices (cGMP) present unique challenges for the pharmaceutical industry. From maintaining stringent temperature controls to ensuring proper documentation and handling procedures, navigating the complexities of cGMP storage and distribution requires strategic solutions. This white paper explores the challenges faced by pharmaceutical companies […]
In the rapidly evolving landscape of life science manufacturing, the integrity and efficiency of materials management stand as pivotal pillars ensuring product quality and compliance. Euro-American offers an outsourced materials management solution through our 45,000 sq ft GMP-compliant facility. Tailored specifically to meet and exceed the stringent demands of life science manufacturers, our facility is […]
In today’s interconnected global marketplace, pharmaceutical companies face challenges in navigating the complex landscape of regulatory compliance. Stringent mandates governing the transportation and warehousing of pharmaceutical materials and finished products, including adherence to Good Manufacturing Practices (GMP) and other regulatory benchmarks, are essential to uphold the quality, safety, and efficacy of these goods. However, ensuring […]