Article | November 7, 2022

Transforming Supply Chain Risks Into A Competitive Advantage In The CRO-CDMO Space

Source: Syngene International Ltd.

By Veera Oruganti, Head, Strategic Sourcing – Development & Manufacturing Services, and Nikhil Krishnan, Lead – Supply Chain Strategy, Syngene International Ltd.

Logistics Supply Chain GettyImages-1206802146

The COVID-19 pandemic, which led to a widespread supply crunch in the life sciences industry, revealed to the world how inadequate existing supply chains are in managing unexpected disruptions of a global scale. The biopharma industry was affected due to unavailability/shortage of raw materials arising from country-wide lockdowns, border closures, and a sudden spike in demand. This severely impacted the lead times for developing and supplying life-saving drugs to patients worldwide.

The aftermath? Supply chain operations emerging from decades of back-office obscurity to becoming the focal point of board rooms and C-suites today.

The change is visible even in selecting contract research organizations (CROs) and contract development and manufacturing organizations (CDMOs) for outsourced services across drug discovery, development, and manufacturing. Biopharma companies are now critically evaluating their outsourcing partners on supply chain strength to ensure business continuity in the event of similar disruptions in the future.

In this point of view, we discuss the typical supply chain challenges faced by global CROs and CDMOs. You will also learn how Syngene, a leading CRO-CDMO for small and large molecules, has transformed its supply chain to mitigate these risks and turned them into a competitive advantage.

access the Article!

Get unlimited access to:

Trend and Thought Leadership Articles
Case Studies & White Papers
Extensive Product Database
Members-Only Premium Content
Welcome Back! Please Log In to Continue. X

Enter your credentials below to log in. Not yet a member of Drug Discovery Online? Subscribe today.

Subscribe to Drug Discovery Online X

Please enter your email address and create a password to access the full content, Or log in to your account to continue.

or

Subscribe to Drug Discovery Online