Panel: Reshoring US Pharma: The Realities

We are continuing to get to know the people working day-to-day behind the pharma companies shaping the industry, the ones who keep the wheels turning and ultimately bring better healthcare to the population; we are talking to the individuals at the heart of pharma.

This handout highlights how the USP Ingredient Verification Program helps ensure the quality of active pharmaceutical ingredients (APIs).

Join us as our experts delve into the current state of pharmaceutical manufacturing on American soil, examining the drivers, challenges, and outcomes of the onshoring trend within the US pharma industry. In this session you will: Examine case studies and success stories that highlight the progress and challenges in realizing onshoring goals within the US pharma market Analyze the impact of regulatory changes and supply chain disruptions on onshoring efforts Assess hybrid Onshoring and Nearshoring

Reviewing the outcome of the inflation reduction act and how it is affecting pharmaceutical manufacturers and distributors in managing drug pricing within the supply chain, including:
Examining broader economic and market trends influencing drug pricing within the supply chain economy and their effects across US Healthcare

Leveraging Data Analytics for Build a More Resilient Supply Chain. Today, patients in the United States and around the world depend on medicines—and the ingredients used to make those medicines—sourced from and manufactured around the globe. The recent pandemic, geopolitical, and natural events have not only led to medicine shortages but have also exposed systemic pharmaceutical supply chain vulnerabilities. Understanding and addressing these vulnerabilities require a systematic approach to building a more resilient supply chain: Understanding supply chain challenges Implementing solutions to supply chain challenges Detect problems and predict risk through data analytics Provide recommendations to address and alleviate the risks Solve problems through advanced manufacturing technologies Scale solutions through collaborative partnerships

Data analytics is playing an increasingly important role in helping companies achieve supply chain excellence. By collecting and analyzing data, companies can gain insights into their supply chains that can help them improve efficiency, reduce costs, and improve customer service How Data analytics can be used to track and trace shipments, identify bottlenecks, and optimize inventory levels Data analytics can also be used to predict demand, forecast future trends, and identify risks By using data analytics, companies can make better decisions about their supply chains, which can lead to improved efficiency, reduced costs, and improved customer service

The story of how patient advocacy, patient centric design, and partnership is rebuilding the global pharmecutical supply chain to ensure access to all.