There are a number of reasons why using a Third party contract manufacturing is advantageous for a pharmaceutical manufacturer, here are the top five:
- Zero dead stock – The complete batch of a particular product is billed to the client, so no stock is left behind. This further eliminates the chances of goods being expired which is otherwise a common problem in pharma industry.
- Third party contract manufacturers get an immediate sale boost due to billing of an entire batch to the client. This results in an overall increase in revenue.
- A Pharmacist staff dedicated to the quality of each brand built
- Component pharmaceutical with a vast network of raw material vendors and distributors
- Fully trained and certified in PHARMACEUTICAL industry standards.
