The pharmaceutical industry is undergoing a challenging period. Sales projections have seen a recent $390B drop. The latest innovations in complete packaging solutions for the pharma industry, however, is offering a great way to enhance profit margins and meet the rising demands of consumers and stakeholders. More
The pharmaceutical industry is vast and competitive. Many companies compete to develop and market drugs. However, in their quest for success, many business owners fail to realize the significance of investing in pharmaceutical packaging.
The success of the pharmaceutical industry depends not only on the product itself but most importantly, in keeping and distributing medications at an optimal state. With the right packaging, you can ensure that your products are protected from detrimental environmental conditions.
How Pharmaceutical Packaging Preserves the Integrity of the Product
Packaging involves all operations from research, development, production, to marketingproducts. Hence, it is essential to understand why as a business owner, you should invest in improving your packaging. Listed below are the economic advantages of pharmaceutical packaging.
Packaging Improves Medication Adherence
Reports show that a significant percentage of people fail to take proper medications. The lack of compliance to medication can be rooted to the difficulty of accessing and dispensing the proper dose. The ineffective packaging also contributes to the challenge of recognizing and remembering dosing times. To address this issue, pharmaceutical packaging uses state-of-the-art technology to create designs that encourage people to take the right dose of the right medicine at the right time in the right conditions. Proper packaging reduces strain on the healthcare system.
Packaging is Designed to uphold the Highest Medical Standards
It is the economic means to provide containment, protection, integrity, and stability to pharmaceutical products. With the growing demand to maintain healthcare standards, the pharmaceutical packaging industry supports the highest standards for quality testing. It serves as a vessel to protect the product and keep material characteristics.
Packaging Reinforces Brand Preference
Marketing your product is challenging especially that there are a lot of brands that produce the same medicine. An intelligent packaging gives you the upper hand in the competition. Packaging adds value to the product, facilitates consumption, and prevents counterfeiting. Moreover, it increases brand identity, boosts consumer preference, and ensures profitability.
How We Maintain Integrity and Stability
Here at Consolidated Strategy Group, we uphold the highest standards in all types of medical packaging we produce. Whether it be pharmaceutical drug or device, we make sure that all packaging is done with the clinician and patient in mind. Here are some of the operations we conduct to ensure product safety:
- Material Characterization
- Structural Configuration
- Seal Strength Tracking
- Usability Testing
- Data & Records Management
The immense importance of medicine is inarguable. However, as a business owner, you should also consider how important pharmaceutical packaging is for your products. Remember, the integrity of medical packaging is evaluated with equal attention and rigor as the product itself.
Need help in ensuring your products’ safety? Contact us today, and find out how we can help improve your products’ packaging.