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As Pharmaceutical Supply Chain Goes Global, Threat of Counterfeiting, Intellectual Property Theft and Contamination Rises, Finds New Report; New Supply Chain Management Strategies Needed
Date:10/27/2010

information to facilitate the safety, efficacy and effectiveness of products.

"As the results of our research revealed, the life sciences industry must gain tighter control over the complete supply chain, from ingredient to the consumer, to succeed in the global economy," said, Daniel R. Matlis, President, Axendia.  "We are delighted to collaborate with PwC on this global research initiative, and help the life science industry prepare to take the significant steps needed to achieve visibility, control and collaboration in the global supply chain."

The complete findings of the study are available for free download at: www.pwc.com/us/supplychainsurvey and at www.axendia.com

Methodology

Axendia (www.axendia.com) surveyed 112 individuals from 75 different companies from 12 countries.  Eighty-six percent of respondents were decision makers with a title of Manger, Director and Senior Executive and nearly 60 percent where at the Senior Executive level.  Respondents' companies provide a variety of products and services and are involved in pharmaceuticals, medical devices and biotechnology.  Nearly half of the respondents represent large organizations with annual revenues exceeding $1 billion. The remaining respondents represent organizations with revenues below $1 billion.

About PwC's Health Industries Group

PwC's Health Industries Group (www.pwc.com/healthindustries) is a leading advisor to public and private organizations across the health industry, including payers, providers, academic institutions, health sciences, biotech/medical devices, pharmaceutical companies, employers and new non-traditional market participants in the dynamic healthcare space. PwC has a network of more than 4,000 professionals worldwide and 1,2
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SOURCE PwC
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