Pharma:The lifeline of logistics
Pharmaceuticals with temperature-sensitive and shelf-life concerns deserve the most experienced, extensive, and expedient shipping attention. explores the trends and requirements of pharma shipment.
Getting medicines to where they are needed requires efficient logistics and there’s a lot at stake, no risks can be taken. Shipping pharmaceuticals is a very high-priority business. The shipment of pharma cannot be treated as a piece of cargo, it could prove to be life-saving for many people. There is a need to understand that high-tech logistics is not just an expense, but an investment in providing better access to medicines and if used efficiently, they can bring down overall healthcare costs.
According to the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, the domestic pharmaceutical market turnover reached US$ 18.12 billion in 2018, growing at 9.4 per cent year-on-year and exports revenue was US$17.28 billion in FY18 and US$ 19.14 billion in FY19. The rapidly-growing pharmaceutical industry wants pharma logistics providers to make the supply chain more efficient and transparent.
looks at the effective distribution practices for maintaining quality and product integrity of temperaturesensitive pharmaceutical products to achieve end-to-end visibility and how this segment is contributing to the country’s export revenue. Commenting on current trends driving the pharma logistics sector,
Huned Gandhi, Managing Director – ASL Indian Sub-continent, Dachser, says, “The pharmaceutical product distribution is subject to constant change, regulatory guidelines as well as reforms in the healthcare sector which is continuously evolving. In addition, economic developments have also led to the growth of the sector. In the last few years the demand for pharmaceutical logistics is growing, the growth is significantly derived from the rising demand of temperature-controlled products. Medicines required to be shipped under cool chain have increased multifold. To maintain the quality and efficacy, most of the medical and life science products require temperature-controlled milieu at all stages of manufacturing and distribution. Consequently, more and more pharma companies are using temperaturecontrolled transportation and cold storage methods. Manufacturers strive to offer a secure supply chain solution using serialisation and digitisation to substantiate the authen