Third-party logistics (3PL) providers specialize in maximizing their customers’ supply chain processes. Recently, 3PLs have innovated their practices to extend pharmaceutical supply chains for special projects, such as packaging and kitting. Vendor-managed inventory (VMI) is a natural evolution of these extended services. Read the full article…
In an earlier era in the US pharma industry, “supply chain” and “logistics” were an afterthought. Pharma companies maintained large warehouses; stocked lots of product;… Read more »
MD Logistics, announced plans to expand its Indiana operations, investing $3.7 million to renovate its current operations in Hendricks County, creating additional frozen and refrigerated pharmaceutical-grade storage capacity. This expansion will also create up to 50 new jobs in 2017. Read the full article…
MD Logistics leveraged FTZ services to provide game changing benefits to its customer base. Read the full article…
Dr Steven Bradshaw makes 3 top predictions for what he expects to see happen in the life sciences industry during 2017. These predictions include pricing and payment hurdles being overcome with innovative schemes and patient services, as well as the biosimilar space benefiting from increased efforts towards stakeholder education. Read the full article…
The rise of targeted therapies and the globalization of specialty pharmaceutical commercialization present a host of opportunities for manufacturers. The foundational premise is clear: More commercial and clinical trial drugs are being shipped to more patients in more countries than ever before. Healthcare is becoming more innovative and more accessible at the same time. Read the full article…
On Nov. 27, 2013 President Obama signed the Drug Quality and Security Act into law, effectively setting the framework of what would become a nationwide initiative toward wide-scale pharmaceutical serialization. The Drug Supply Chain Security Act is one component of the DQSA. This particular act requires the FDA to implement a national track-and-trace system by which manufacturers must affix product identifiers (barcodes) to each package of product that is introduced into the supply chain. Read the full article…
According to Global Data, the pharmaceutical market is expected to skyrocket to nearly $550 billion by the year 2020. To keep pace with the surging pharmaceutical industry, leading third-party logistics (3PL) provider MD Logistics is significantly upgrading its pharmaceutical storage capabilities. The company is expanding into an additional 173,000 square feet of controlled room temperature (CRT) pharmaceutical warehouse space near its flagship Midwest facility in Indianapolis, Indiana. Read the full article…
MD Logistics is proud to support a leading event in the life science industry for cold storage and third party logistics providers – the 13th… Read more »
With its capital-intensive equipment, strict temperature requirements, and energy dependence, the cold chain has always been a demanding logistics segment. Now the sector is grappling with additional challenges—from increases in the sensitivity, quality standards, and volume of many of its goods, to continually mounting regulations. Read the full article…
