Strategic outsourcing is trending within the pharmaceutical industry with companies relying on trusted and preferred suppliers in an integrated supply model, notes Justin Schroeder, executive director, Marketing, Business Development & Design at PCI Pharma Services.
Outsourcing in the pharmaceutical industry, once viewed with a certain degree of scepticism, is now accepted practice and is being bolstered by the trend toward strategic outsourcing with a focus on core competencies. The rise in emerging companies with ‘virtual’ supply models is also leading to outsourcing growth and is seen by many as the trend for the future.