Cold Chain Forum takes global, holistic perspective
Big-picture issues
Glauser noted, “So many people feel they don’t have any influence with policy setting, and this new 1083 chapter gives us an opportunity to have that input.”One example of this was Vic Pervaaz’s presentation, “Tomorrow’s Landscape For The Pharmaceutical Business In A Global Industry.” Pervaaz, senior vp, corporate transactions and transformation, Pharma Industry Initiative leader with Aon Hewitt, spoke about mergers and acquisitions in a global market, among other broader issues.
He said, “We have progressed from small-molecule pharmaceuticals dominating the industry to today’s generic market growth due to patent expirations. The biologics market is growing faster, and in 10 to 15 years, the biosimilars will be the future, and there will be a prominent increase in the [need for the] cold chain.”
Globalization’s increasing role means companies will no longer look for “hot” geographic regions to set up shop, said Pervaaz. Instead, companies need to examine how integrating global business fits into future supply chain plans. He noted a need for companies to build and train a talent pool equipped to understand and thrive in a new global business environment.
He believed that in the future, pharmaceutical markets will become less segmented, and that countries such as China, India, and those in South America “will become centers of excellence, increasing faster than North America and Europe.”
Temperature-controlled fun facts
Preshow promotional literature on the Cold Chain Forum yielded some interesting news based on survey responses. These included the following:
• The top two greatest concerns in pharmaceutical importation were temperature deviations/excursions, and counterfeit product leading to adverse events.
• Chain of custody: collaborative supply chain partnership was voted the most important initiative in cold chain operations.
• Air was by far the most used transportation mode, cited by 64% of respondents, compared to 18% each for ocean and road. In a separate question, 45% of respondents also said air transport is the fastest-growing mode.
The 10th Anniversary Special Event for the Cold Chain & Temperature Management Summit is scheduled for Feb. 27-29, 2012 at the Hyatt Regency, Toronto, Ontario, Canada.












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