HHS will fully establish a program to provide loans, grants and other types of funding to expand the U.S. health resources industrial base, the White House announced today. The news was part of a package of actions the Biden administration is taking to support American manufacturing and boost supply chains. The White House briefing statement…
Ember Technologies, Cardinal Health partner on self-refrigerated, cloud-based shipping box
Ember Technologies and Cardinal Health (NYSE:CAH) announced that they are partnering on the Ember Cube digital shipping box. The two companies will collaborate to offer what they are touting as the world’s first self-refrigerated, cloud-based shipping box, according to a news release. They will work together to deliver a cold chain solution designed to ensure product integrity and…
Addressing vulnerabilities in the medical product supply chain
While the medical product supply chain has always been subject to vulnerabilities, those weaknesses were laid bare early in the COVID-19 pandemic. Drug and medical device supply chains have historically been susceptible to factors such as a lack of supplier redundancy, components, active pharmaceutical ingredient (API) or finished product manufacturers. But pandemic-driven sourcing and workplace…
Cardinal Health profits take a big hit in Q2
Cardinal Health (NYSE:CAH) today reported mixed second quarter results and cut its EPS guidance as the company’s Medical segment continues to wrestle with inflation and supply chain problems. The Dublin, Ohio–based pharma and medtech giant reported profits of $49 million, or 17¢ per share, on sales of $45.5 million for the three months ended Dec.…
DHL invests $400M in its pharma and medtech supply chain
DHL Supply Chain announced today that it will invest upwards of $400 million to expand its pharmaceutical and medical device distribution network footprint. Westerville, Ohio-based DHL Supply Chain’s life sciences and healthcare (LSHC) sector will make the investment to expand the supply chain footprint by 27% this year, amounting to nearly 3 million additional square…
Lessons in life or death logistics
The cell and gene therapy market continues to advance, thanks to its potential to treat cancers and other severe diseases. While the pandemic has had a negative impact on companies specializing in cell and gene therapies, it has also catalyzed interest in cold-chain logistics while highlighting the promise of new therapy types. Organizations interested in…
The European Union has become a leading COVID-19 vaccine exporter
The European Union is now one of the largest exporters of COVID-19 vaccines globally, having provided 150 nations with more than 1 billion vaccine doses. The U.S. has exported fewer than 200 million vaccine doses to date but has pledged to donate more than 1 billion. China has pledged to donate 2 billion doses by…
How direct-to-patient can impact pharma supply chains
In the wake of COVID-19, telemedicine has become the only means for delivering patient care for many physician groups. As healthcare providers adapted to treating patients virtually, patients likewise adapted to disrupted routines. For those dependent on prescription medication to treat or manage a medical condition, “going to the pharmacy” was an errand replaced by…
ATA Freight expands in India to serve growing pharma industry
The international logistics company ATA Freight is opening a new facility in Hyderabad due to growing demand from India’s quickly-growing pharmaceutical industry. The Hyderabad facility will primarily cater to the pharmaceutical industry. “ATA Freight already has a strong footprint in India’s pharmaceutical industry, serving many of the area’s leading pharma manufacturers,” said ATA freight chief…
Panasonic acquires autonomous supply chain firm Blue Yonder
Panasonic (TYO: 6752) has announced that it has wrapped up its acquisition of Blue Yonder, a supply chain management company established in Scottsdale, Arizona. Both companies had similar plans for developing autonomous supply chain technology. The partnership will pair Panasonic’s sensing technology with the edge computing and machine learning capabilities of Blue Yonder. Having acquired…