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Serialization a Key Focus in Developing Regions

Manufacturers face global challenges implementing serialization standards, according to a report by PMMI Business Intelligence.

Serialization a key focus in developing regions
Serialization a key focus in developing regions

In addition to a high initial capital investment, one complexity of the pharmaceutical industry is the strict regulatory controls that make the sector challenging to thrive in and largely dominated by multinationals that have the resources to meet these requirements.

Manufacturers face many challenges with implementation, such as replacing legacy systems throughout the supply chain that are often inadequate for processing the large volume of data necessary for compliance. Additionally, the cost of meeting these standards is high, with some reporting that they have already invested upwards of $50 million on building the necessary capabilities for compliance.

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