Establishing an outsourcing program needed for the packaging and labeling of pharmaceutical products used during clinical trials for XYZ Corporation.

摘要

This research explored the potential benefits of outsourcing clinical packaging operations in the pharmaceutical industry. Pharmaceutical companies need to devote most of their capital to drug development; hence they must achieve a high level of efficiency in downstream processes such as, manufacturing, packaging, testing, and distributing their products. These processes involve specialized skills, resources, and expertise; therefore, maintaining them all in-house may not be cost-effective. Outsourcing pharmaceutical processes is driven by two factors: maintaining profitability and keeping up with the latest technology. As pharmaceutical development becomes more and more expensive, it becomes increasingly difficult for even the largest companies to maintain a workforce with expertise in all areas from product conception to distribution. Also, pharmaceutical companies now compete in a global market and must have the capital available to quickly meet regional requirements and regulations.