A comprehensive guide to supply chain management for specialty drugs
Clinical Trials Arena August 23, 2024
Specialty drugs are essential in modern healthcare for treating complex or rare conditions, with a well-established supply chain critical for safe and efficient delivery. Moreover, integrating sustainable solutions within this supply chain is imperative to ensure long-term environmental and economic viability.
Global demand for drugs of all kinds is increasing. GlobalData’s drugs database forecasts global drug sales, from 2024 to 2030, to show consistent growth every year, with projected sales at $1.54trn in 2026 and $2.12trn by the end of 2030.
But drug shortages worldwide are worsening, leaving patients without essential medications and healthcare providers struggling. The Pharmaceutical Group of the EU (PGEU) say that shortages are impacting both high and low value drugs alike, with GlobalData analysts predicting EU-level...