Manufacturers and chemical processors in the UK's pharmaceutical industry are ill-equipped to meet the sector's future needs, it has been claimed.
Most companies lack the infrastructure to produce and distribute the kind of complex treatments that will soon be required, according to a report from PricewaterhouseCoopers (PwC).
PwC global pharmaceutical and life sciences leader Simon Friend explained that the global pharmaceutical industry will need to develop a new supply chain model, to meet the sector's shifting demands.
He added: "Companies must now work hard to get closer to their patients as by 2020, there is little doubt that the data behind a product will as valuable as the product itself."
Earlier this month, the Association of the British Pharmaceutical Industry called on ministers to take action to improve sector trading processes, particularly to continue with tackling medical supply shortages.
In particular, the organisation pointed to issues within the NHS procurement process that need addressing by the government.
Typical Guttridge equipment used in the pharmaceutical industry includes; Feeders – metering screw feeders – weighing systems
