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Live from Pharmapack: Day one

Healthcare Packaging's Associate Publisher Liz Tierney is at Pharmapack in Paris. Here are her observations from Day one.

Pharmapack sign
Pharmapack sign

Day one of Pharmapack started off with a bang as the hall was packed. Exhibitors noted an increase in attendees this year, with one attendee reporting, “we had more qualified visitors this morning than the entire two days last year!”

The keynote speaker this morning was Patrick Noailles, president of Seillans Investissement, France, His presentation, “From Mesopotamia to Modern Times, Think different about Innovation," covered innovation throughout time.  According to Noailles, innovation is an “increase in the economic efficiency of society. The whole of society, not just the company who is innovating.”

In order for a company to foster innovation, it must create an environment for innovators to continue to grow and develop. In the United States, he said there are two areas where innovation thrives. They are the Silicon Valley and Boston.

According to Noailles, there are five areas that pharmaceutical and medical device companies can look to innovate. They are accidents (at home and traffic accidents), population aging, low-cost pharmaceuticals for developing countries, and treatment of new diseases, such as swine flu or ebola, which require new drug development. The fifth is personalized medicine, as it pertains to adapting and creating new treatment plans according to someone’s DNA and lifestyle. This, Noailles said, is the future of innovation.

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