White Paper

Risk Mitigation In Purchasing Used Pharmaceutical Equipment

FederalEquip

By Matt Hicks, COO, Federal Equipment

Pharmaceutical manufacturers often rely upon two reasons to justify the purchase of used equipment for their operations: lower prices and faster delivery. These reasons are not a secret; used pharmaceutical process and packaging equipment can usually be purchased at prices that are 50% to 80% cheaper than new equipment. The equipment is typically available immediately, cutting lead-time for delivery by months. Even with this simple value proposition — save time and money with used equipment — many pharmaceutical manufacturers have never considered used equipment or simply refuse to consider used equipment as an option.

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