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The pharmaceutical and packaging industry has a symbiotic relationship and is notably shaped and driven by various trends.
Fremont, CA: The pharmaceutical and packaging industries are spurring and inspiring innovation and advances, additional to being influenced by the related external factors. At present, the market growth is influenced by the key trends, such as opportunities across next-generation products, transforming how chronic disease and cancer are treated, less expensive biosimilar drugs, new biologics, generics, and favorable government regulations.
Also, a surge of interest in flexible fillers and packaging components for biologics has been seen. This technology lends itself well to small-batch biologic production in numerous format presentations. Suppose a pharma company can switch nimbly to a flexible filler. In that case, they can maximize their production floor space, have a higher utilization rate on capital equipment, and produce better quality, small batches. The patient needs also remain a centrally important driver, inspiring and influencing what the companies and their customers make.
Investing entirely to the safest and most efficient packaging and delivery of drug products needs a detailed understanding of the continually evolving regulatory landscape. The pharmaceutical and packaging industries have to change continuously to adhere to stricter guidelines and standards of excellence and do so under the increased scrutiny.
The United States Pharmacopeia (USP) is also creating and revising standards in response to the industry needs to keep up with the evolving pharmaceutical landscape. Specific to packaging, in recent years, there has been a surge in revisions of USP chapters centered on the evaluation of packaging components for drug products.
These changes can be a lot to keep up with, and this is where there is an opportunity for the companies to provide expertise as a partner to pharmaceutical companies, enabling them to ensure drugs are packaged and delivered following the latest regulations. This is possible via expertise and optimal facility to support the customers and have the capabilities to design and perform studies needed to demonstrate compliance throughout a product’s lifecycle.
As market and healthcare landscape trends continue to evolve, so must the packaging innovation. As yesterday’s efforts inform the paths of today and tomorrow, the pandemic's eruption will most likely change the shape of the industry moving forward, in ways the industry might not have fathomed as recently as a few months ago. Treatment regimens will continue to shift toward shorter or less frequent dosing, as well as more self-administered options.