The new Pharmaceutical Strategy for Europe aims to create a future-proof regulatory framework and focuses on supporting the industry in pushing forward research and technologies that reach patients to meet their therapeutic needs, while addressing market failures. This new strategy is based on 4 pillars:
Source: A pharmaceutical strategy for Europe (europa.eu)
What all these pillars have in common is that they require better end-2-end visibility inside and outside the pharmaceutical companies. Safety, efficiency, ecology and profitability must be carefully balanced at the highest possible level to keep European companies not only relevant, but thriving.
Within Europe, our pharmaceutical and biotech expertise is excellent, but with an aging population, stricter environmental laws and a global supply chain, there is clearly a need for a different perspective on how manufacturing is done. And this acceleration needs to happen quickly.
The flexibility in production, resources and materials that is and will be needed in the near future will be unparalleled. Innovation through an intensified integration of technology such as digital twins, extensive digitization and automation, infused with a layer of machine learning and data intelligence, will be needed to keep up with the global demand and challenges we will be facing. Within all layers of the organization, we will need to rethink our processes to become leaner yet more flexible. Extensive integration and visibility in a global network will become nothing less than a basic requirement in this context.
At Yitch, we help redefine all these processes, match the right technologies to meet the challenges this EU strategy presents and transform your business into a future- and shock-proof organization. Our extensive in-depth and on-the-job experience with automation, digitization and data intelligence are paramount to climbing this hill together.
Remember, you have to climb before you can enjoy the view. Get in touch to match the right technology to transform your business.