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Pharma Tech Outlook | Thursday, January 13, 2022
Samsung Biologics, Lonza, MedPharm and Genezen talk about the key challenges encountered by the pharmaceutical manufacturers this year
FREMONT, CA: Even before COVID-19, outsourcing of biopharmaceutical research and manufacture was on the rise, especially as a growing number of tiny and virtual biotechnology companies adopted business models that were entirely reliant on outsourcing all development and manufacturing activities. A large amount of the production of COVID-19 vaccines and treatments was outsourced to fulfill global demand for vaccine and therapeutic doses, with more than 230 manufacturing agreements publicly reported to date between COVID-19 vaccine and therapy researchers and contract manufacturers.
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Samsung Biologics' Executive Vice President and Chief Information & Marketing Officer, as well as Head of Global Public Relations and Process Improvement, remarked that since its inception, the COVID-19 pandemic has been one of the most persistent global concerns for biologics manufacturing. As a result of the epidemic, CDMOs have experienced a surge in demand for pharmaceuticals to be delivered at breakneck speed. The need for manufacturing pharmaceuticals will almost certainly persist in the foreseeable future due to the demand for regular booster vaccines.
One of the major concerns is COVID-19-related supply chain disruption: Biopharmaceutical businesses have had to contend with not only supply delays but also consumables shortages as resources such as glass vials have been prioritized for vaccine preparation. Genezen's founder remarked that many materials needed for biopharma manufacture have seen six to twelve-month delays, as well as greater costs due to rising demand. Due to such disruptions, it is becoming increasingly vital for businesses to forecast supply with high accuracy, increase inventory levels, and qualify alternative suppliers to avoid shortages.
According to a recent analysis by CPhI and Baxter, another supply concern for pharma is the growing need for sustainable sourcing. An opinion in the report states that companies are setting out a path via their procurement policies and practices to ensure a deep understanding of the supply risk emanating from environmental issues like climate change and antimicrobial resistance (AMR) as well as social issues like human rights and ethics, and their potential economic impacts. Chair of the Pharmaceutical Supply Chain Initiative (PSCI), attempts to improve suppliers' ethical, environmental, and social performance, to reduce any negative effects on the supply chain. This could have a big impact on the bio/pharmaceutical industry.
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