Sonoco ThermoSafe Launches Global Survey To Assess Current And Future State Of Clinical Trial Supplies

Sonoco ThermoSafe, a unit of Sonoco and a leading provider of temperature assurance packaging, has launched a global survey in partnership with Arena International Events Group and Berlinger & Co. AG to gain a deeper understanding of the rapidly evolving clinical trial supply market. The intent of the comprehensive and forward-looking survey is to assess current and future trends across four key areas: logistics, supply challenges, technology and innovation. The survey will be open until October 31, 2016 at www.thermosafe.com/ctssurvey.

“The average cost of developing a drug is about $2.6 billion, and one major component of that spend is within the clinical supply chain," said Vishal Khushalani, director of global marketing and business development, Sonoco ThermoSafe. “Investments in the biotech and pharmaceutical industries are only increasing, and we hope insights gathered from this global survey help companies baseline their current strategies in logistics, supply chain and technology to guide future investments.”

Russell Grissett, vice president of Sonoco ThermoSafe, added, “I want to thank our partners, Arena International Events Group and Berlinger & Co. AG, for co-sponsoring the survey, and above all, I extend my thanks to our advisory panel of industry experts from clinical operations, clinical trial supply logistics and packaging, as well as bio-pharma manufacturing and supply chain organizations that helped develop the global survey."

Sonoco ThermoSafe encourages everyone across the clinical supply chain to take the survey. Results will be analyzed and publicly presented during the first quarter of 2017.

About Sonoco ThermoSafe
Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON), is a leading global provider of temperature assurance packaging for the safe and efficient transport of pharmaceuticals, biologics, vaccines and other temperature-sensitive products. Sonoco ThermoSafe shipping solutions mitigate risk for our customers and ensure product efficacy throughout the extremes of a supply chain. With operations in North America, Europe and Asia, Sonoco ThermoSafe has a vast product offering featuring industry-leading technology that encompasses refrigerated, frozen or controlled room temperature applications. In addition, Sonoco ThermoSafe's ISC Labs® design and testing services deliver individualized and innovative packaging solutions along with qualification and validation services to meet all regulatory requirements. For more information, visit www.thermosafe.com.

About Sonoco
Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5 billion, the Company has 21,000 employees working in more than 330 operations in 34 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is a proud member of the 2015/2016 Dow Jones Sustainability World Index. For more information, visit www.sonoco.com.