Planet Pharma’s Post

How can #pharma effectively navigate the complexities of localizing operations in developing countries? The #pharmaceutical industry is witnessing a shift towards emerging markets, underscoring the importance of expanding access in these regions. By analyzing 15 countries, representing 70% of total emerging market #pharmaceutical sales, it's evident that localization demands manifest in two primary forms: either parts of the value chain need to be localized for reimbursement, or incentives like higher reimbursement rates are provided for local production. The extent to which countries enforce localization measures varies significantly. For instance, Indonesia and China mandate some production processes to be localized, such as secondary packaging activities, for at least one product to unlock localization benefits for the entire portfolio. In contrast, Brazil adopts a stricter approach, necessitating local activities at the product level rather than the portfolio level. Legislation concerning localization benefits is rapidly evolving globally. Saudi Arabia and Russia are enhancing the specificity of localization benefits. Russia is also raising the bar on the complexity of local manufacturing operations required to qualify for benefits, moving beyond secondary packaging activities. Understanding and complying with localization requirements and benefits is crucial for #pharma companies aiming to expand in emerging markets. #Localization #EmergingMarkets #ManufacturingOperations

Meeting Ady again in Jakarta to catch up on the latest political and economic outlook in both Malaysia and Indonesia. We are gaining insights into how these situations may unfold and discussing strategies to grow our businesses. It's good to have a trusted friend with local knowledge to help us navigate the challenges in a foreign country. #EPPlusGroup #parvus #medicalaesthetics #pharmaceuticals #fertilitysciences

Exciting news for the pharmaceutical industry! Our new vendor/supplier audit service for raw materials and packaging is here. Our experienced and independent auditors provide detailed scoring and recommendations for audited vendors, ensuring minimized risks in vendor selection. You'll receive ready-made reports and validation in choosing the right vendor. What's more? Our service offers time and effort efficiency, and enhanced quality assurance. We're specifically targeting vendors outside of Indonesia. If you're interested in learning more, please feel free to send message or comment for further discussion. And, if you find this post valuable, please share it with your network. #pharmaceuticals #certification #TUVNordIndonesia #vendoraudit #assurance #quality #BPOM #auditbahanbaku #auditvendor #auditsupplier #farmasi

Latest Malaysia Pharma Jobs 2024 || Latest Abroad Pharma Jobs 2024 #PharmaGuide

Thrilled to announce that l've received my certificate for completing Sandoz EG Student Camp! 🎉 During 13 enlightening hours, I gained valuable insights into vital topics such as career planning, marketing strategies, regulatory affairs, quality control principles, negotiation tactics, and effective presentation skills. This experience has significantly enhanced my understanding of the pharmaceutical industry and enriched my skill set. A heartfelt thank you to Sandoz Egypt for orchestrating such a comprehensive and informative program. I'm excited to implement what l've learned in my studies and future endeavors! #Pharmaceuticals #Marketing #RegulatoryAffairs #QualityControl #NegotiationSkills #PresentationSkills #ProfessionalDevelopment

Pfizer’s $1 billion investment in a new plant in Singapore isn't just a win for pharmaceutical innovation—it’s a major boost for the local job market. The state-of-the-art facility will create 250 highly skilled jobs, underscoring the growing demand for top talent in advanced manufacturing and biopharma sectors. As the industry expands, so does the need for skilled professionals. Pfizer’s investment highlights a broader trend: the biopharma sector's increasing focus on advanced manufacturing and sustainability is creating new opportunities for job seekers with expertise in these areas. For those looking to advance their careers, staying ahead of these trends and gaining relevant skills can open doors to exciting opportunities in cutting-edge fields. #Recruitment #BiopharmaJobs #AdvancedManufacturing #Sustainability #Singapore #Linkedcorp

#amendedPharmaceuticalLaw #Vietnam Three years ago, a Singaporean client of mine inquired about the possibility of trading drugs on an e-commerce platform. At the time, I couldn’t provide a definitive answer, as there were no regulations explicitly granting or restricting investors' rights to sell drugs—whether over-the-counter (OTC) or otherwise—on e-commerce platforms or websites. Fortunately, the amended Pharmaceutical Law 2024 has clarified this. It now permits investors to sell OTC drugs on e-commerce platforms or their own websites. This means I can confidently say yes to any pharmaceutical business establishment looking to expand its market by selling OTC products online. The amended law also introduces several significant updates, such as provisions for pharmacy chains, allowing foreign-invested enterprises (FIE) drug importers to source products from contract manufacturers or through technology transfers and sell to wholesalers. Additionally, there are new incentives for drug production in Vietnam. I will share more details in an upcoming article—stay tuned!

If your business is expanding into emerging markets and requires Serialization support to comply with country regulations, we highly recommend getting in touch with us. With our global presence in all regions, we can provide the necessary expertise and assistance to ensure compliance with local serialization requirements. Our extensive experience in navigating diverse regulatory landscapes will help streamline your expansion process and facilitate a seamless transition into these new markets. Contact us today to discuss how we can support your serialization needs and drive the success of your business expansion. #serialization #SerializationConsulting #pharma #pharmaceutical #trackandtrace #supplychain #Cosmotrace #support #alertmanagement #projectmanagement #technicalconsulting #consulting #partneronboarding #Onboarding #data #datagovernance #validation #testing #operations #vendor #assessment #compliance #partners #systemvalidation #Eu #EUFMD #alert #alerts #emvo #emvs #emergingmarkets #Uzbekistan #Kazakhstan #UAE

If your business is expanding into emerging markets and requires Serialization support to comply with country regulations, we highly recommend getting in touch with us. With our global presence in all regions, we can provide the necessary expertise and assistance to ensure compliance with local serialization requirements. Our extensive experience in navigating diverse regulatory landscapes will help streamline your expansion process and facilitate a seamless transition into these new markets. Contact us today to discuss how we can support your serialization needs and drive the success of your business expansion. #serialization #SerializationConsulting #pharma #pharmaceutical #trackandtrace #supplychain #Cosmotrace #support #alertmanagement #projectmanagement #technicalconsulting #consulting #partneronboarding #Onboarding #data #datagovernance #validation #testing #operations #vendor #assessment #compliance #partners #systemvalidation #Eu #EUFMD #alert #alerts #emvo #emvs #emergingmarkets #Uzbekistan #Kazakhstan #UAE

I'm thrilled to share insights from our recent webinar, "Improving Supply Chain Excellence in the Pharmaceutical & Cosmetics Sector with ISO 9001-Driven Supplier Audits". This event highlighted our commitment to enhancing supply chain standards and fostering innovation within the industry. What are Supplier Audit Services? Our Supplier Audit Services are not just about compliance, they are about ensuring the highest quality standards across your supply chain. By integrating ISO 9001 standards, we don't just improve processes, we guarantee product safety and global recognition, giving you the peace of mind that your products are of the highest quality. Why is this Important? In the fast-evolving sectors of Pharmaceuticals and Cosmetics, the value of ensuring every component of your supply chain adheres to stringent quality and safety standards cannot be overstated. Our audits empower businesses to achieve and maintain this, reinforcing their market position and consumer trust, and ultimately, boosting their bottom line. Looking Ahead We are not just here to provide audits, we are here to support our clients in navigating these challenging industries. Our robust audit programs are designed to drive continuous improvement and compliance, giving you the support you need to stay ahead. Join PT. TÜV NORD Indonesia in leading the change towards more reliable and efficient supply chains. For more information on how our Supplier Audit Services can benefit your business, connect with us today through Adam Firdaus! #QualityManagement #Cosmetics #Pharmaceuticals #Webinar #ISO9001 #SupplierAudit #IndustryQuality #SupplyChainEfficiency #TÜVNORDIndonesia #TÜVNORD Let's innovate and excel together! 🌟