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"No Frills Drugs" Push Pharmaceutical Companies to Look for a Cure

GSK, Bayer, AstraZeneca, Novartis and Mylan meet to discuss pharmaceutical futures

Pharmaceutical News on Ulitzer

The aims of the summit were to enable these business leaders to review their current manufacturing technologies and allow them to concentrate resources on their core competences - developing new drugs.

Visionaries such as Steve Dreamer, Head of global Pharmaceutical Engineering for Novartis, Rene Labatut, VP Global Manufacturing technology for Sanofi Pasteur and Gerald Orlik, VP EMEA / COO for Mylan met along with many others to discuss their plans to work with new technological advances to combat the problems faced and increase production while reducing waste. The Summit also heard from innovators such as Geodis Wilson, BP Labels & Payne Security, Nano Guardian and Hagen & Co who addressed the pharma elite on combating "impossible problems" by reducing costs at an entry level and minimizing waste, showing how Drug manufacturers could save millions.

"Anti Counterfeiting and brand protection is a massive concern.  Companies are looking to introduce technologies to their products which are almost impossible to replicate.  In order to do this they are focusing on the way in which they can package the product, while making sure it is distributed in a very secure way.  Key technologies include nano protection, RFID and asset tracking."

Benjamin Trevett - Executive Director, NG Pharmaceutical Group

With the pharmaceutical industry heading into the well documented  "expiry cliff"  competition is rife.  Quicker more cost effective methods of manufacturing must be found for big pharma to remain competitive and a clearer means of communication such as that seen at the NG Pharma Summit is clearly vital.

More Stories By John Funnell

John Funnell has worked in online media for ten years, after achieving his First Class BSC Hons Degree and Masters he worked for the BBC before setting up the ‘Beat’ franchise (Beat Club, Beat TV, Beat Mag and Beat Online), utilising the power of Web 2.0 John then set up Clean Living Records Ltd with great success having many acts that charted in Europe. After selling half of the business John looked for a new challenge and joined GDS International as Event Director, forging contacts with some of the biggest technology names in the world, this lead to John having a lead role in the Creation of MeettheBoss.com and MeettheBoss.tv – the largest exclusive Senior executive online network in the world.