Small Packaging Companies are an Important Cog in the Massive Pharmaceutical Industry Machine

Written by Small Business Magazine on February 7th, 2014. Posted in Blister pack packaging, Blister packaging process, Pouches

Stability studies

The process for getting drugs from the development stage to your home medicine cabinet is not nearly as simple as you might think. According to The Independent Institute, it takes between 11 and 14 years for a drug to move from the lab setting to being approved by the FDA. On top of that, Forbes suggest that the average drug costs a manufacturer at least four billion dollars and could go as high as $11 billion. While there are a number of factors at play that influence both time and cost, one that often gets overlooked by consumers is pharma packaging. Without working with reliable contract packaging services, it can be almost impossible for manufacturers to