Remove tag sustainable-packaging
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Electronic smart packaging market to value nearly $3b in 2033

European Pharmaceutical Review

A market report has identified that global demand for electronic smart packaging will reach $2.6 Smart packaging has potential for the integration of electronic functionality, enabling compliance, material identification, condition monitoring and asset tracking of pharmaceutical products. billion in 2033.

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How automation can help to address supply chain challenges in pharma

pharmaphorum

However, with a 74% increase in pharmaceutical supply chain disruption in 2021 , this approach cannot be sustained for much longer, not only due to the recent pandemic, but to growing geopolitical fragility exacerbating trade disputes and trade routes. Better communication with traceable data.

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Pharmaceutical Procurement Strategies Overview

Viseven

It also bears extra replacement expenses when drugs are discarded due to improper packaging. Climate change is another factor, potentially disrupting supplies and contributing to hefty price tags. Instead of sending these materials to their own laboratory once they receive the packages, they could trust the tests done by the suppliers.