Switzerland overtakes Germany as Europe’s biggest drug delivery innovator
Pipeline of new drugs has helped drive increased innovation in packaging and drug delivery devices.
As predicted by the 'European drug delivery and packaging’ report earlier this year, new data show innovation in drug delivery is accelerating across Europe – with provisional findings from the Pharmapack Innovation Index (2020) indicating that Switzerland has overtaken Germany as Europe’s most innovative drug delivery market.
Ahead of Pharmapack Europe 2020, this research points to a continued acceleration of new device innovation and packaging solutions entering the market. All six major European markets (Switzerland, Germany, UK, France, Italy and Spain) saw increases in ‘innovation potential’ according to industry executives – notably closing on the US as the world leader. On average, innovation potential has increased by 4% year-on-year, with the UK (5%) and Switzerland (10%) showing the biggest overall gains.
“It’s been a remarkable few years in terms of FDA approvals, but what we are now seeing is that this pipeline of new drugs has helped drive increased innovation in packaging and drug delivery devices. In fact, we are witnessing this trend first-hand at Pharmapack with many smaller and nimble companies bringing forward novel delivery systems and advanced packaging solutions, and we now have the data to back it up.” commented Silvia Forroova, brand director at Informa Markets.
The event has become integral to the industry in Europe, with a new innovations community centered around its Pharmapack Awards and the Start-up Hub – both of which have grown in prominence as a more diverse range of companies bring advanced innovations to patients. In total, more than 400 exhibitors from 31 countries will be present, running alongside over 40 high level conference presentations, welcoming 5,500 attendees.
Entries for the 2020 Pharmapack Awards are now open across both the ‘Exhibitor Innovation’ and ‘Health Products’ categories with a closing date in late November 2019. The Start-up Hub also returns providing young start-up companies the benefit of valuable networking and learning opportunities at a low-cost price.
“Showcasing many diverse breakthroughs in the market, we are also running the start-up pitches so that we can bring together early-stage innovators with major pharma and drug delivery companies. It’s a free-to-apply for ‘dragon’s den’ style opportunity for early-stage innovators to get in front of potential partners and investors,” added Ms Forroova.
With new delivery devices proliferating and a changing drugs pipeline for low volume products, Pharmapack is also introducing the ‘Machines at Work’ area to help bring attendees together with the new machines and packaging solutions to aid commercializing the next generation of products.
“In the last few years, Pharmapack has seen an increase in innovators – both big and small. From new patient-centric technologies, more sustainable packaging and, of course, connected devices all offering new opportunities, it’s a golden era and never has the pace of innovation been so great. As a result, attendees now visit Pharmapack specifically with the expectation to see the latest packaging, machinery and drug delivery device solutions. What we expect is that this trend will continue to be mirrored by our Pharmapack Innovation Index as the industry is shifting, with Europe increasingly seen as a primary source of innovation” concludes Forroova.
Pharmapack Europe will return with its 22nd edition in 2020 and will be held from 5-6 February 2020 in the Paris Expo, Porte de Versailles. The event is widely recognized as a hub for innovation, providing vital networking, in-depth insights and a high quality exhibition for international drug delivery device and packaging executives.
Related News
-
News Women in Pharma: Moving beyond discussions and into best practice at CPHI Milan
In this second CPHI Milan special of our monthly series, we cover the key takeaways from the Diversity & Wellbeing track held on October 10, 2024. -
News CPHI Milan post-show panel: Importance of advocacy projects in business
In the Packaging Innovation Theatre from CPHI Milan this year, sponsored by the Alliance of the RTU, we held a panel on: ‘Elevating Brand Perception: Integrating Advocacy Projects into Business Strategies’. The session aimed to explore how ... -
News CPHI Pharma Awards 2024: Meet the winners from the CPHI Celebration
This year we had a lot to celebrate, the 35th Anniversary of CPHI, and our esteemed award winners, of which we included two additional categories this year, the Future Leader award, and Woman of the Year award. -
News CPHI Milan 2024 - From the Floor
Milan and CPHI welcome you to 2024 CPHI Milan! As we celebrate the 35th edition of our flagship CPHI show, editors Vivian Xie and Lucy Chard bring you the latest from the show floor, conference sessions, and innovative solutions from all exhibitors, at... -
News A Day in the Life of a Pharma Event Director
The Day in the Life of series has covered most of the pharmaceutical supply chain looking through the eyes of the people working in the different fields, from R&D to manufacturing. What we haven't seen yet, is the role that non-pharma companies can... -
News On Track at CPHI Milan: The RTU Alliance on the importance of packaging innovation
As CPHI Milan gets ever closer, we sat down with some of the sponsors for this year’s conference tracks to discuss the most pressing topics in pharma, and the innovations that are set to shake up the industry. -
News CPHI Milan Speaker Spotlight: The microbiome and investing in future therapies
In the run-up to CPHI Milan, we sit down with some of the experts and thought-leaders speaking at this year’s conference. -
News On Track at CPHI Milan: Thermo Fisher Scientific Track Sponsor interview
With CPHI Milan just around the corner, we sat down with some of the sponsors for this year’s conference tracks to discuss the most pressing topics in pharma.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance