Nominal Revenue for US Drug Sales Up 11.3% in 2021
Nominal revenue for US drug sales was up to $776 billion, reports IQVIA, but net revenue (discounting rebates) was $407 billion. Some $29 billion was spent on COVID-19 vaccines and therapeutics
Sanofi Invests in Singapore Vaccine Production Site
Factory will reportedly provide capability of manufacturing 3-4 vaccines simultaneously
Akron Bio Unveils New Advanced Gene Therapy and Vaccine Production Facility
Biotech company hopes to tackle challenges surrounding therapeutics
HDA’s Pharmaceutical Cargo Security Coalition Honors Four Security Leaders
PCSC Award is presented to supply chain security professionals “who have exhibited remarkable standards of honesty and integrity while working tirelessly to protect and serve their communities”
Asymchem Builds Two New Production Sites
Expansion expected to double batch capacity
Cryoport Purchases Cell&Co BioServices
Acquisition works toward addressing needs of regenerative medicine industry
Biovectra Begins Construction of mRNA Vaccine Biomanufacturing Center
Includes a 36,000-square-foot addition to Charlottetown location
Yourway Continues HQ Expansion Project
Includes 100,000 square feet of controlled ambient storage
Biohaven Expands Patient Access to Migraine Treatment
Company has announced two updates regarding Nurtec ODT
Improving Vaccine Cold Chain Integrity with IoT Analytics
North Carolina Collaboratory and SAS partnership using IoT analytics and sensor data from vaccine storage freezers to strengthen cold chain integrity and improve dosage delivery
VectorBuilder Grows R&D Services, Unveils $500 Million China Construction Project
Campus will feature a CDMO, over 1,000,000 square feet of floor space
AmerisourceBergen Launches $150M Venture Capital Fund
New venture capital fund AB Health Ventures will partner with innovative startup companies in transforming healthcare
IATA’s February Air Cargo Numbers Demonstrate Growth
Global demand for the aforementioned month was greater than 2021, report shows
Catalent Acquires UK Biologics Facility
CDMO will invest up to $160 million toward manufacturing of therapies and vaccines, including mRNA
TraceLink Unveils Multi-enterprise Supply Chain Work Management Solution
Product is powered by company’s Opus platform
Ten23 Health Further Develops Sterile Drug Product Manufacturing at Visp, Switzerland Location
Features growth of cold storage, visual inspections capacity
SkyCell Unveils 1500X Hybrid Container
Reportedly provides 270 hours of independent runtime for temperature-sensitive pharma transportation
Symbiosis Successfully Completes UK Research and Innovation Project
Collective project expected to enhance the manufacturing supply chain for ATMPs within the UK
People Spotlight — March 2022
The latest people news happenings over the past month
US Dept. of Justice Investigating HIV-drug Counterfeiting Ring, Says WSJ
Action follows on the heels of Gilead’s court actions against a $250-million scheme
Tower Cold Chain Launches Lightweight Container
KTEvolution “can easily be carried by one or two people”
KeyPlants Dispatches Vaccine Manufacturing Facility to Senegal
Will have capability of producing 300 million COVID-19 vaccines for Africa annually
Innovent, Lilly Expand Oncology Partnership in China
Deal features $45 million for commercialization of several Big Pharma products
Industry Readiness for DSCSA Compliance is “Progressing” but Far from Complete, says HDA
Trading partner Interconnections via the EPCIS standard is a basic requirement
RxS Moves into the Patient Support Arena
Company builds on its sample accountability platform
Moderna to Open mRNA Manufacturing Facility in Australia
Site construction is part of a 10-year agreement with the Australian government
Peli BioThermal Enhances Its Track-and-Trace Program
Crēdo ProEnvision Software 2.0, company says, expected to improve the customer experience for cold chain clients
Exothera Earns GMP Certification for Jumet Facility
Accreditation further extends CDMO's viral vector manufacturing capacity
Flamma Group Purchases API Site in Italy
Acquisition expected to be finalized in April
Healthcare Supply Chain Making Progress on EPCIS Implementation for DSCSA
Survey conducted by HDA reveals thought process of manufacturers, distributors, and 3PLs
