Cardinal Health said it is leading the way in contract pharma packaging and attributes its success to reducing supplier base and improving supply chain efficiency to save its customers time and money.
Over the years the firm has been slowly acquiring companies that compliment its contract packaging business and has been able to streamline the contract packaging process by offering the integration of a number of additional services under the one roof.
Cardinal can provide simple integration, such as component purchasing, analytical services and QP Release; more complex integration, such as distribution and capsule filling; as well as highly complex integration such as drug development and manufacturing services.
"Commercially this integration provides our customers with cost benefits and also saves time as goods don't need to move between multiple suppliers," Steve Facer, regional sales director, told Outsourcing-Pharma.com.
"This integration is something that's new for Cardinal and new for the contract packaging industry and we are a long way ahead of anybody else in this respect," he said.
The contract packaging market is tipped to grow to $6.8bn (€5.4bn) by 2013 and Facer believes that Cardinal's pioneering approach will help to grow its already dominant position in this market segment.
"In the last three years we have seen a real interest in project integration from customers, with more and more contract packaging customers now choosing to integrate at least one other service," said Facer.
"In addition, Cardinal is also one of the few contract packagers that is compliant with both European and US manufacturing regulations."