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Showing posts with the label pharmaceutical industry

Things Nobody Told You About Five Stages of Pharma 4.0 – Global Market Database

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  In the preceding decades, profitability of pharmaceutical companies have been observing a downward trend in general. It is attributed to failed clinical trials and rising R&D costs. It is in this context; it is necessary to understand Pharma 4.0. Pharma4.0 is a structure that relies on the interconnectedness of systems. This interconnectedness means improved connectivity, compliance, and productivity. It gathers product information giving real-time solutions as product problems emerge. The basic premise behind its functioning is efficient sharing of information, continuous improvement of main and ancillary functions and ensure productivity and competitiveness in the end the profit margins.   Pharma 4.0 promises to usher in a new era, especially pertaining to bio-pharmaceutical industry. Though there are several constraints facing the industry like huge investment costs, it is expected to tide over these constraints in the next five years or so. The massive amount o...

Animal Antibiotics and Antimicrobial Market Summary

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  The American food supply is one of the safest in the world, but more than any other country, people can get sick from food borne infections or contact with animals or their environments. Often, antibiotic-resistant bacteria cause these infections. Like humans, animals carry bacteria in their gut, which can include antibiotic-resistant bacteria. When animals contact bacteria or the environment around them, for instance, on farms, in animal markets, and while being transported) bacteria can spread. These bacteria can contaminate meat or other animal products when animals are slaughtered and processed for food. The Veterinary Feed Directive external icon (VFD) final rule outlines the process for approving drugs intended for use in or on animal feed.   According to the market database , this law requires veterinarians to supervise the use of medically important antibiotics in the animal feed. A significant change in food animal treatment has also occurred since the Food and ...