What are the recent developments in the pharma industry?

Top 10 Pharma Trends in 2021

• Artificial Intelligence. The use of artificial intelligence (AI) and machine learning is accelerating the drug discovery and development processes.
• Big Data & Analytics.
• Flexible Production.
• Precision Medicine.
• Additive Manufacturing.
• Blockchain.
• Extended Reality (XR)
• Real-World Data.

What is pharmaceutical packaging development?

Pharmaceutical packaging system involves primary, secondary, and tertiary packaging to ensure maximum safety, stability, and efficacy of packed product. Various functions of packaging include identification and protection of a product from environmental and transportation stress.

What are the trends in pharmaceutical industry?

Trends In Pharmaceutical Industry Shaping The Industry In 2022

• Use of Artificial Intelligence.
• Greater Acceptance of Medical Marijuana.
• Precision Medicine.
• Integration of Blockchain Technology.
• Digital Processes.
• Smaller Production.
• Use of Cloud Technology.
• Discounts and Rebates.

What are emerging pharma?

Emerging pharma strength. With the multitude of emerging pharma companies, largely defined as clinical-stage pharmaceutical/ biopharmaceutical companies, an important measure of market strength is to see which companies have garnered the interest of the large pharmaceutical companies through major partnering deals.

What is pharmaceutical packaging materials?

Packaging may be defined as the collection of different components (e.g. bottle, vial, closure, cap, ampoule, blister) which surround the pharmaceutical product from the time of production until its use.

What are primary packaging materials?

PRIMARY PACKAGING This is the first layer containing the finished product, such as a plastic pouch holding whole-grain cereal or the cardboard box containing the pouch of cereal. This type of packaging is often intended for the end user or consumer.

How will pharmaceuticals change in the future?

Disruptive technologies and emerging trends such as robotics, artificial intelligence, 3D printing, precision medicine or patient design will impact the manufacturing and distribution of pharmaceuticals.

What are the challenges in pharmaceutical industry?

Six major risks facing pharmaceutical manufacturers in 2021

• Reduced demand for prescription medicine.
• Growing competition from generic pharmaceuticals.
• Pharmaceutical fraud.
• Rising consumer expectations and difficulties managing brand health.
• Data breaches and other cybersecurity threats.
• Supply chain disruptions.