subject: The Importance Of Warehousing In The Pharmaceutical Industry [print this page] The pharmaceutical industry in the United States develops, produces, and markets drugs licensed for use in and out of the country as medication. Pharmaceutical companies can deal in generic or branded medications. They are subject to a variety of laws and regulations regarding the patenting, testing and marketing of drugs for domestic use or for export.
In recent years, the United States has become the leader in medical research, which includes pharmaceutical development. Drug prices in the United States are among the highest in the world, and drug innovation is correspondingly high. Pharmaceutical firms based in the United States developed 29 of the 75 top-selling drugs in the year 2000, with other premium drugs being distributed from countries such as Japan, France and the United Kingdom.
Because of the increasing success of the pharmaceutical industry in the United States, pharmaceutical companies have had to shore up on their ability to readily supply drugs to healthcare professionals, insurance and public health bodies, retail pharmacies and drug stores. To ensure that there is no short supply of drugs available to consumers, pharmaceutical firms have put up warehousing facilities in order to store and organize their stock.
Warehousing has been proven to have various practical applications in a variety of industries. Warehouses are used by millions of manufacturers, importers, exporters, wholesalers, transport businesses, and other similar industries. They are usually large plain buildings situated in the industrial areas of cities and towns that allow companies to facilitate pharmaceutical deliveries to retailers and individual pharmacies.
Warehouses often have loading docks to load and unload goods from trucks. Depending on the nature of goods that will be stored in the warehouse, there are different types of warehouse storage systems to choose from. This is why some of the top-selling drug developers have turned to pharmaceutical warehousing in order to organize their supply and delivery chain.
Indeed, pharmaceutical warehousing has helped major firms in the United States distribute drugs to almost any healthcare provider or pharmacy in the world. Pharmaceutical companies are able to speed up the distribution of drugs and other medical products, and make pharmaceutical deliveries more efficient and organized.
by: Tony Kemp
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