Precision medicine and the need to upgrade logistical support for changing pharmaceutical needs were among the trends identified during the third edition of the Global Pharma Logistics Summit 2019 held on September 19, 2019 in Mumbai.
Spelling out the major trends for the short-term and long-term in the pharmaceutical industry, audience member, Dr Aniruddha Paul, GM sales & marketing, APAC & MENA, Clearsynth said, "One [trend] that will be seen, may be 3-4 years from now is you will have the same APIs [active pharmaceutical ingredient] but in a deuterated form. A different isotophe form has different kinds of applications and is changing the way therapy will be defined. The other, that will slightly be more long-term, may be 15-20 years from now it will be a household topic, is nanomedicines. Nanomedicines will change the entire definition of medicines. Today, except for vaccines, whatever medicines we have are for treatment. Nanomedicines are completely prophylactic, i.e. 90 percent will be for preventing a disease in the first place."
During the panel discussion titled ‘Airlines, forwarders and handlers – how to fill gaps and eliminate temperature excursions’, panelists agreed that more than the physical gap, it is the necessary to fill the information gap.
Ravi Kumar Tummalapalli, head of logistics – APAC, Japan & China, Teva Pharmaceuticals said, “The gaps are of two types – information and physical. Every time there is a change in the handling agency, I see gaps being created because information is not being passed from one agency to the other seamlessly. At this point, the gaps could be in between the manufacturer, customs agency, transport, or the warehouse at the airport. The same thing can happen at the destination also. As of now, the manufacturer is responsible for ensuring the integrity of the product and data is maintained.”
This story is from the November - December 2019 edition of Indian Transport & Logistics News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November - December 2019 edition of Indian Transport & Logistics News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Smartr Logistics temporarily pauses lightweight (e-comm, BFSI) service
Smartr Logistics has decided to temporarily pause the lightweight e-commerce and Banking, financial services and insurance (BFSI) services under Aerex category.
Flipkart expands network, hiring ahead of The Big Billion Days 2024
Ahead of The Big Billion Days (TBBD) 2024, Flipkart has launched 11 new fulfilment centres (FCs) across nine cities, bringing the total number of FCs in India to 83.
Amazon to enable $13 billion in exports from India by 2024-end
Amazon Global Selling, in the last nine years, has empowered over 150,000 Indian exporters to build globally recognised brands across 18+ international Amazon sites.
TVS ILP enters Andhra Pradesh with 3 lakh sqft facility in Vijayawada
TVS Industrial and Logistics Parks (TVS ILP) has expanded to Andhra Pradesh with a warehousing facility spanning 13 acres in Vijayawada.
CWC selects Horizon as lead partner to develop warehouses
Horizon Industrial Parks, a logistics platform in India owned and managed by Blackstone Real Estate funds, has been chosen as the lead partner by the Central Warehousing Corporation, a public warehouse operator under the Ministry of Consumer Affairs, Food & Public Distribution, to manage a portfolio of 13 last-mile logistics assets.
Macrotech buys 2 firms to bolster logistics park, warehouse vertical
The real estate firm Macrotech Developers (formerly Lodha Developers) has announced the acquisition of Opexefi Services and One Box Warehouse.
GMR Airports to buy 10% additional stake in Delhi Airport for $126mn
GMR Airports Infrastructure (GIL) has signed a share purchase agreement with Fraport AG Frankfurt Airport Services Worldwide (Fraport) for buying its current minority 10 percent equity stake in Delhi International Airport (DIAL), a subsidiary of GIL.
India's APEDA-certified pomegranates debut in Australia
India reached a new milestone in perishable exports by shipping pomegranates for the first time from the farms of India to the people of Australia.
India to export homegrown aircraft, says Civil Aviation Minister
\"We want to manufacture aircraft in India on a large scale, not just to meet domestic demand but to become an exporter of aircraft,\" announced India's Civil Aviation Minister, Kinjarapu Ram Mohan Naidu, at a press meet after his inaugural session at the 10th edition of PHDCCI Aviation & Air Cargo Summit 2024, held in New Delhi on September 4, 2024.
DP World Mundra achieves record throughput in July
DP World Mundra handled its highest-ever monthly throughput of 1,29,368 TEUs in July 2024.