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Forecasting Accurately With Your Pharmaceutical Contract Packaging Organization

Source: Pharma Packaging Solutions

By Reid Lederer

Forecasting Accurately With Your Pharmaceutical Contract Packaging Organization

Let’s face it, not all pharmaceutical drug launches are blockbusters. Even after carefully modeling the market to forecast potential sales, the underlying data used may prove to have some challenges. Many sales forecasts are based on the idea that the market can be represented as a continuous variable, but this may not be the case for a generic product whose fate may be determined by a single decision on the part of a drug wholesale company.