Single-use instrumentation, especially new pH sensors designed for upstream and downstream applications, are helping manufacturers develop production suites for creating a greater variety of small-run yet highly targeted drugs. Life sciences manufacturers already incorporate leading measurement and automation technologies to ensure the quality of the drugs and medicines they bring to market. Yet because the…
How pharma can optimize for right-the-first-time drug manufacturing and sustainability
The pharmaceutical industry is gradually going green. More pharma companies are embracing sustainability metrics and striving to reduce corporate emissions and their footprint. More than 25% of major pharma and biopharma companies are committed to reaching net-zero carbon emissions by 2050. Many are also committed to ensuring equal access to medicine for the 2 billion people worldwide that are currently…
AbbVie Q4 earnings beat the consensus forecast
AbbVie (NYSE:ABBV) posted fourth-quarter earnings in line with analysts’ consensus forecast. The firm repeated its recent long-term guidance. The North Chicago, Ill.-based biopharmaceutical company, reported revenues of $13.9 billion — a 59% increase over the prior year. The quarter’s net income was $36 million, or $0.01 per share. That was considerably less than the earnings…
Digital shift management cures pharma processing communication woes
The increasing complexity of drugs — including vaccines, biologics, sterile injectables and cell therapies — brings pharmaceutical companies significant manufacturing challenges during the pandemic. In turn, this complexity drives supply chain disruptions and changes to business and operational processes to accommodate social distancing, remote working and quarantining. Some pharmaceutical manufacturers have prioritized the manufacture of…