Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > 'No Frills Drugs' push Pharmaceutical companies to look for a cure

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

'No Frills Drugs' push Pharmaceutical companies to look for a cure

UK | Posted on September 28th, 2009

The pharmaceutical industry is sharing the symptoms of the economic downturn. Counterfeit drug manufacturing and parallel trading is causing some serious side effects to the ailing industry and leaders from GSK, Bayer, AstraZeneca, Novartis and Pfizer met at this year's illustrious NGP Summit to help come up with a cure.

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 new technologies to their products which are almost impossible to replicate. In order to do this they are focusing on nano technologies, labeling specialists, RFID and also asset tracking experts."
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.

####

Contacts:
Emma Naylor

Copyright © NG Online News

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Chemists Cook up New Nanomaterial and Imaging Method: Nanomaterials can store all kinds of things, including energy, drugs and other cargo January 19th, 2017

National Space Society Congratulates SpaceX on the Falcon 9's Return to Flight January 19th, 2017

Eric Berger Wins the National Space Society's 2017 Space Pioneer Award for Mass Media January 19th, 2017

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 7, 2017 January 19th, 2017

Law enforcement/Anti-Counterfeiting/Security/Loss prevention

Strength of hair inspires new materials for body armor January 18th, 2017

Dressing a metal in various colors: DGIST research developed a technology to coat metal with several nanometers of semiconducting materials January 17th, 2017

Manchester scientists tie the tightest knot ever achieved January 13th, 2017

ANU invention to inspire new night-vision specs December 7th, 2016

Announcements

Chemists Cook up New Nanomaterial and Imaging Method: Nanomaterials can store all kinds of things, including energy, drugs and other cargo January 19th, 2017

National Space Society Congratulates SpaceX on the Falcon 9's Return to Flight January 19th, 2017

Eric Berger Wins the National Space Society's 2017 Space Pioneer Award for Mass Media January 19th, 2017

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 7, 2017 January 19th, 2017

Events/Classes

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 7, 2017 January 19th, 2017

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Nanometrics to Present at the 19th Annual Needham Growth Conference December 22nd, 2016

Imec and Holst Centre Introduce World’s First Solid-State Multi-Ion Sensor for Internet-of-Things Applications December 13th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project