Pharma printing companies can be challenging to manage. Regulatory requirements and other factors can cause challenges. Fortunately, there are managed print services for pharma companies that can help. Learn more about the benefits of managed print services for pharma companies. Below are three key factors to consider when evaluating pharma print packaging companies.
Managing a Pharma Printing
Running a pharma printing companies is a complex endeavor that requires a high level of knowledge, trust, and skill. Medical content is sensitive, and even the smallest error can damage a brand’s reputation and harm consumers. To ensure success, pharmaceutical printers need to follow certain procedures to ensure successful printing.
A good printer solution will help pharmacy staff focus on providing high-quality service to patients and improving customer experience. It will help you to reduce costs while streamlining processes. Moreover, a good printing solution will be invisible and reliable, so that you can focus on the patients. Managed print services also offer other benefits to pharmaceutical companies, including improved productivity and improved customer service.
Quality Standards of the Client
Quality control is essential in pharmaceutical printing, as it must meet quality standards of the client. Therefore, a pharmaceutical printer must validate, calibrate, and recertify its printing systems regularly. Another important factor in pharma printing is speed of delivery. It should be able to meet clients’ deadlines without sacrificing quality.
Security is also a major concern for pharma printing companies. Since pharmacies are a frequent target for hackers, it is important to take steps to protect sensitive medical data. Proper security will reduce the risk of fraud, while HIPAA compliance will ensure the safety of patients’ information. Managed print services can help with these challenges by upgrading their security measures.
Increase Productivity
Automation technology can help a pharma printing company increase productivity while maintaining quality. A print verification system can detect deviations between a sample and a customer-approved file, reducing the number of critical errors. Moreover, it will eliminate errors in the prepress stage, where the company relies heavily on the printer’s expertise.
Challenges faced by Pharma Printing Companies
The pharmaceutical industry faces a number of unique challenges, including the need for consistently high-quality printing. Even a small mistake in a prescription label can result in an overdose or license revocation. Fortunately, managed print services are available that ensure pharmaceutical data is legible and accurate. This helps keep the industry compliant and competitive.
One of the major challenges for the pharmaceutical industry is ensuring the supply chain is efficient. With new batches of drugs having commercial values in the hundreds of millions of dollars, the supply chain is extremely complex. Delays in the supply chain can lead to delayed product launch or development, which puts the product behind established products and can lose market share permanently.
Customers Challenging
In addition to this, the pharmaceutical industry is one of the most heavily regulated industries, which makes communication with customers challenging. Companies in the pharma industry must adhere to the highest ethical standards. Because of this, the FDA is extremely watchful over promotional materials and advertisements. For example, one company, Outlook Pharma, was recently issued a warning letter for a misleading Google ad.
Another common challenge is preventing counterfeit medicines. Since counterfeit drugs are so common, pharmaceutical companies are increasingly adopting security measures. These include hologram stickers, scannable codes, and UV prints. In addition, companies are using tamper-evident seals and tear tape seals to ensure the integrity of their packaging.
Pharma Companies
The use of environmentally sustainable packaging materials is crucial to pharma companies. The packaging materials must be recyclable and meet other industry requirements. Plastics are commonly used in pharmaceutical packaging. By using recycled plastics, companies can reduce the impact of single-use packaging on our planet.
Regulatory Concerns
It also requires a high level of compliance and security. Regulatory concerns for pharmaceutical printing include the design and placement of labels, the accuracy of content, and the accuracy of scanning. Successful pharmaceutical printing companies employ specialized marketing and sales strategies to achieve success in this market.
Pharmaceutical companies operate in a global marketplace and must ensure that all products meet the required standards and adhere to regulatory requirements. Failure to meet these standards can result in recalls of products or even bans on sales in certain markets. Keeping up with these regulations is critical for the health and safety of patients.
Manufacture Marketing
Pharma companies are required to comply with strict regulations governing the manufacture, marketing, and distribution of their products. They must ensure that the products are safe and effective for human consumption. Regulatory concerns for pharma printing companies should be a top priority for any pharmaceutical company. Failure to adhere to these regulations can result in millions of dollars in fines and a public relations nightmare. Moreover, violating the law could result in serious adverse consequences for human health.
Before implementing such a technology, pharmaceutical companies must develop a strategy for licensing blueprints and consult with lawyers and insurance brokers. The greatest risk facing pharmaceutical companies using 3D printing is counterfeit medicines. Moreover, 3D printers are more susceptible to hackers than conventional manufacturing processes.
Benefits of Managed Print Services
Pharma printing companies benefit from managed print services for a number of reasons. For one thing, they can reduce costs while improving customer service. They can also reduce disruptions caused by printing. In addition, managed print services for pharma companies can improve security. Enhanced document security helps minimize the risk of fraud. Pharmacies are also prime targets for hackers because of their sensitive customers more information. Fortunately, managed print services for pharma companies can provide pharmaceutical printers with superior security features to keep them HIPAA compliant.
Pharmacies are notorious for producing a lot of paperwork, so managed print services can help them keep the workflow efficient. This means that pharmacists can focus on patient care, instead of handling the printing process. Managed print services can also help pharmacy staff stay on top of daily customer interactions. Pharmacies can utilize managed print services to keep their documents organized and on hand, which leads to a better patient experience.
Consistent Quality
Pharmaceutical printing requires accurate and consistent quality. Managed print services can help pharmaceutical companies keep their records compliant while keeping their prices competitive. Pharma companies face unique challenges in printing because of their high-volume needs.
The global managed print services market is highly competitive. Key competitors include HP, Canon, Ricoh, and Lexmark. However, there are also system integrators and independent software vendors entering the market. Increasing use of cloud computing and analytics is expected to boost the market growth of managed print services.
Using 3D Printing For Pharmaceutical Packaging
The advent of 3D printing technologies is changing the way medicines are produced. This new technology has the potential to enable personalised dosages and unique drug combinations. It can also reduce the energy needed for storage and transportation. Its innovative process relies on computerized models to build 3D shapes. Liquid binder is then deposited onto successive layers of pharmaceutical powder. This creates the final shape of a tablet. The first 3D-printed drug was licensed in 2015. However, it has been slow to take off due to issues with excipients, software development and the regulatory landscape.
Currently, pharmaceutical packaging is produced using mass-production machinery that produces millions of pills for a group of patients. The pills are then shipped to pharmacies, doctors and retailers. The pills are typically mass-produced in generic doses. However, three-dimensional printing could enable hand-tailored pills to be produced. The process would be accessible and flexible enough to allow for several changes before a final production run is made.