Ahead of Pharmapack Europe 2020—the European event dedicated to drug packaging and delivery systems—this research points to a continued acceleration of new device innovation and packaging systems entering the market. All six major European markets (Switzerland, Germany, UK, France, Italy and Spain) saw increases in ‘innovation potential’ according to industry executives – notably closing on the United States as the world leader. On averageinnovation potential has increased by 4% year-on-year, with the United Kingdom (5%) and Switzerland (10%) showing the biggest overall gains.
“It’s been a remarkable few years in terms of FDA approvals, but what we are now seeing is that this pipeline of new drugs has helped drive increased innovation in packaging and drug delivery devices,” says Silvia Forroova, Brand Director at Informa Markets. “ In fact, we are witnessing this trend first-hand at Pharmapack with many smaller and nimble companies bringing forward novel delivery systems and advanced packaging solutions, and we now have the data to back it up.”
An innovations community has centered around Pharmapack Awards and the Start-up Hub—both of which have grown in prominence as a more diverse range of companies bring advanced innovations to patients. In total, more than 400 exhibitors from 31 countries will be present, running alongside over 40 high level conference presentations, welcoming 5,500 attendees.
Entries for the 2020 Pharmapack Awards are open across both the ‘Exhibitor Innovation’ and ‘Health Products’ categories with a closing date in lateNovember2019.TheStart-up Hub also returns providing young start-up companies the opportunities of networking and learning opportunities at a low-cost price. Thestart-up pitches are running in order to bring together early stage innovators with major pharma and drug delivery companies.
With delivery devices proliferating and a changing drugs pipeline for low volume products, Pharmapack is also introducing the ‘Machines at Work’ area to help bring attendees together with the new machines and packaging systems to aid commercializing the next generation of products.
Pharmapack is meant for attendees to view the latestpackaging, machinery, and drug delivery device systems. ”What we expect is that this trend will continue to be mirrored by our Pharmapack Innovation Index as the industry is shifting, with Europe increasingly seen as a primary source of innovation,” says Forroova.
Pharmapack Europe will return with its 22ndedition in 2020 and will be held the 5th and 6th February 2020, in the Paris Expo, Porte de Versailles. The full findings of the Pharmapack Innovation Index will be released closer to the event.