Video

Benefits of Utilizing A Pharmaceutical Contract Packaging Company For Your Product

Source: Pharma Packaging Solutions

Outsourcing packaging to a CPO has become a viable and beneficial business strategy that enables pharmaceutical companies to transfer noncore packaging activities to a specialist. Let’s face it, not all pharmaceutical drug launches are blockbusters. One strategy used by pharmaceutical companies is to build in cost savings on the packaging end. Using a packaging supplier's infrastructure helps avoid capital outlays and it is much easier to manage fluctuations in demand at the critical pharmaceutical lifecycle points. The minutiae of drug packaging, which now includes the complexities of serialization, may not be the wisest investment of time, equipment, and resources for a pharmaceutical company. Instead, it makes more sense for a CPO to bear the costs of new legal requirements, new state-of-the-art packaging equipment, and new processes.

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