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heLifeSciencesectorisrunoncontinuousgrowth
Tandinnovationprinciples,andthedrivingforce behindthesetwoforcesistheworldofmedication andmedicaldevicelifecycle.Thesecretforanycompany tothriveinthisfieldisensuringqualitycontinuallyand collaboratively,satisfyingregulatorycompliance,and gaugingriskstructuresareessential.Thesecompanies resideinthemedicalsectorandaremeticulouswhile designinganddeliveringtheequipmentasitinvolvesthe factorofhumanlivesdirectly.Manyrevolutionary companiesandleaderspushtheirlimitsdailytoforcethe competitiontolevelup,helpingtheindustryimproveits qualitiesandmakeahealthyenvironmentforeveryone.
Organizationsareincreasinglyunderpressuretoincrease productivityandreducewastageintheLifeSciencesfield. Patentexpiration,newproductlaunches,pricingrivalry fromgenerics,andworriesaboutrisinghealthcarecostsall contributetoacompetitiveworldwidemarketplaceforlife scienceenterprises.Modernization,alongwithdigital transformation,isoneoftoday'smostpressingconcerns. Betterdata,analysis,andprocessesareneededtomaintain acontinualcycleofchangesthatboostproductioncapacity, increaseavailability,minimizedowntime,improve processesanddecision-making,andremovewaste.The cruxofrunningaprofitablecompanyisreducingwaste withoutaffectingthequalityandquantity.
Withnewtechnologiesandformulas,stabilityandmeeting productiondemandsarenolongerenough.Thetimefor deliveryisreducingexponentially,socompaniesneedto reactandadaptquickly.Managementrequiresmore flexibilityinoperations,whetherdrivenbymarket dynamics,companystrategy,orshort-termgoals.Aflexible approachisrequiredtorespondtochangesinproduction, adoptnewtechnologies,improvedeliveryprecision,and shortenthetimetomarket.
Lifesciencescompaniesoperateundertheguidanceof specificrulesandregulations,someofwhicharerigorous andcompulsory;theregulatoryframeworkchangesfrom timetotime,controlledbydifferentnationalandregional authorities.It'sacomplicatedsituationforcompaniesin whichpatientsafetyisvital.Qualitysystemsmustsupport goodpracticeguidelines,maintainregulatorycompliance, andmakeregulatoryinspectionseasier.Successinthisfield requiresanintegratedandpragmaticriskmanagement strategythatstrengthensoperationsandmaximizesresource utilization.
Deliveringsustainablevalue-drivenproductshasbecome thenormforbusinessesinthefieldtoday,ensuringquality results.Thespaceisledbyimpactfulleadersand companieswhostrivetoimprovetheirproductsand services,ultimatelybenefittingthepatientsandindustry Thiseditioncoversmanygreatcompaniesthathave achievedexcellenceinthefield.
“The 10 Most Promising Life Sciences Solutions Companies to Admire in 2022” containsprofilesof companies,articles,andatonofhelpfulknowledgecurated byourin-houseeditorialteam.Makesureyoudonotmiss anyofit.
dnaPower dnapower.com
EssentraPackaging essentra.com
IdeagenPlc ideagen.com
MethodSense methodsense.com
OceanDataSystems dreamport.net
OrbytleGroup orbytelgroup.com
OSNEXUSCorporation osnexus.com
PENDOPHARM pendopharm.com
SimpsonHealthcare simpsonhealthcare.com
LoisNahirney President&CEO
MargaRomo HeadofMarketing
DavidHornsby CEO
RussKing President
RickPierro President
MurtAbuwala CEO
StevenUmbehocker FounderandCEO
Dr.DavidGoodman CEO
KellySimpson CEO
Verista verista.com
MannySoman CEO
dnaPowerInc.hasbeenprovidingpersonalizedDNAtesting forhealthandwellnesssince2008.Wehelppeoplemake better,data-drivendecisionsabouttheirhealth.
EssentraPackagingisaglobalmanufactureranddistributorof vitalcomponentpartsforhundredsofmarketsandthousandsof products.Thecompanybelievesthatsmallestcomponentshave abigparttoplay
Thecompanyprovidessoftwareandservicestoorganisations operatingwithinhighlyregulatedindustriessuchasaviation, financialservices,lifescience,healthcareandmanufacturing.
Inaworldfraughtwithtightdeadlinesandchallenging regulations,thecompany'sservicesensurethatitsolves consumers'mostpressingneedsandsetthemupforfuture success.
Dreamportdoes3dmodeling,animation,buildingmodeling, architecturalmodeling,interior,exteriormodelingtokeepyour satisfactionatthehighestlevelandworkhasadoptedthe principleofdoingitwithfullquality,fullconfidence.
OrbytelGroupisasolutionscompany(data,software,& services)thatservesthebiopharmaceuticalindustry
OSNEXUShelpsorganizationsmanageandscaletheirstorage environmentswithgreaterefficiency,flexibility,and performancewithitsindustry-leadingQuantaStor™Software DefinedStorage(SDS)platform.
We’reactivelyengagedinlicensing,partnering,developingand marketinglate-stagespecialtyprescriptionmedicines.Italso launchesexcitingnewOTCandBTCbrandseveryyear
Thecompanypartnerstoexploreglobalmarkets,buildstrategic brandplans,andgrowagilebrandsofthefuture
Veristaisalifesciencesbusiness,technologyandcompliance solutionscompanythathelpsclientssolvecriticalandcomplex challengesthroughouttheproductlifecycle–fromresearchto manufacturingtopost-marketsupport.
heLifeSciencesindustryisengagedinoneofthe
Tmostchallengingandcomplexbusiness environmentsthatrequirespeoplewithahigh degreeofdomainexpertiseandacomprehensive understandingoftheintricaciesoftheproductlifecycle. Theseorganizationsareresponsibleforensuringthesafety andefficacyoftheirproducts,andultimately,peoples’lives. Assuch,theyneedtomakecertainthattheirassetsare properlycommissioned,qualified,andvalidatedefficiently andcorrectlywhilemeetingthechallengesofindustry regulations,aggressivetimelines,andbudgetconstraints.
Fromresearchanddevelopmenttoregulatoryapprovaland beyond,Veristahelpsclientsdesign,deliver,operateand maintainquality-criticalGxPrelatedoperationssoclients canfocusondevelopingnewtherapiesandbringingthem tomarketfasterandmoreefficiently.Althoughthefirm reliesheavilyonprocessandtechnology,it'sstillallabout theirpeople.Veristaisdedicatedtoensuringqualityresults, reducingclientrisk,satisfyingregulatoryrequirements,and improvingpeoples’lives.
Veristastartedover20yearsagoasanicheorganization providingengineeringandautomationsolutionstothe manufacturingenvironment.Sincethen,thecompany expandeditsbusinesstomeettheirclients'growingneeds acrosstheentireproductlifecycle,toincludequalityand compliancealongwithconsultingcapabilities.
Today,clientsseekVeristatobetheirtrustedadvisor, helpingthemsolvesomeoftheirmostcomplexbusiness challenges.Theorganizationrecognizesthatthere'snoone sizefitsallapproachtoimprovingoperationalperformance, reducingorganizationalrisk,andincreasingoverall productivity.Formission-criticalprojects,theysupport clientswithproof-of-conceptthroughtooperational deliveryandintegrationservices.
ForVerista,theircolleaguesaretheirgreatestassets.Their deepdomainexpertisemeanstheyareuniquelyqualifiedto
delivertrustedandqualityresultsatstrategicandtactical levelsineverystageoftheproductcontinuum.The companyinvestsheavilyinitscolleaguesdevelopment,and believesitsemployee-centriccultureiswhatallowsthemto offeruniquevaluetotheirclients.Thisincludesinternal trainingandcareerdevelopmentprogramsthroughVerista University,tuitionreimbursement,industrycertification reimbursement,andadvancedtrainingviatheirtechnology
Whilemostcompetitorslookforlowercostresourcesand runasstaffaugmentationfirms,Veristaunderstandsthatthe strongeritbuildsitscolleagues,thestrongerrelationshipsit canbuildwithitsclients.Theirdeliveryteamsexcelat providingclientsolutionsandvalue-consistentlywith trust,integrity,andtransparency.
Veristaisaworld-classproviderofbusiness,technology, andcompliancesolutionsthatspantheentiredrug developmentlifecycle,fromR&Dtoclinical,commercial, andmanufacturing.Withclientssmallandlarge,manyof whichhavemultipledivisionsandgeographiclocations,the company’smissionistoenablelifesciencesclientsto improvelives.Theydothisbyacceleratingtheirclient’s abilitytobringsafe,qualityandcompliantproductstothe marketfaster.
Tohelpsolveitsclients'criticalandcomplexchallenges, Verista'sexpertsspecializein3coreareas:
Atitscore,Veristahelpsfacilitatethateverytherapyits clientsdevelop,commercializeandshipforpatientsis compliant,safe,andofconsistentquality Thecompany doessobyhelpingthembridgethechasmbetweentheirIT, systems,technology,operations,andbusinessfunctions–deliveringintegratedandcompliantsolutionsacrossthe spectrum.Itdeliverstheexpertiseandsolutionsthatbringit alltogetherfromindividualdevicestocapitalequipmentto siteandenterprise-widesystems.
Rich Tabarrini President VeristaThepandemichaschangedourmindsandreality.What usedtotake10yearstobringamoleculefromR&Dto manufacturingcannowtakemonths.Theconceptsofwhat we’vetraditionallythoughtofasproductvelocityand speed-to-marketarebeingshattered.Tomeetthesenew demands,organizationsmustaltertheirbusiness, operationalandstaffingmodelswhenitcomestotheir qualityandcomplianceprograms.Thenewnormis expeditedturnaroundtimetodeliverquality,safe,effective, andcompliantproducts.
Nodoubtthepandemichasbeenastrainoneveryone, especiallywithrecruitingandtrainingresourcestosupport themanufacturingexpansionsrequiredfortherolloutof COVID-19vaccinesandantiviralmedications.Our colleagues,alongwithourclients,havebeenworking longershiftsandtakealotofprideinknowingtheyarepart ofthesolutionforimprovinglives.
Fromaproductspeedtomarketperspective,automation anddigitizationaretransformingoutclientsoperations. Everythingthatcanbedoneonpaperisnowbeingdigitized andstandardizedacrosssitesandtheworld.Becauseof
this,Veristaadvisesclientstoselecttherighttechnologies fortherightapplicationsandthendevelop,build,and implementthemacrosstheiroperations.Specializingin complianceandvalidationservicesmeanstheorganization ishelpinglifesciencecompaniesachievetheirgoalsto launchsafeandeffectiveproductsfaster
Themainissuefacingpharmaanddevicescompaniesis: Howcanproductsbeproducedfasterandtoregulatory standardswithoutcompromisingquality,safety,and efficacy?Evenbeforethepandemic,organizations struggledwithspeed-to-marketfromR&Dto manufacturing.Thekeytothepuzzleisawell-governed, transparent,andcollaborativemodelthatsupportsdynamic andeffectivedecision-making.Veristacanhelpmanage, automate,andvalidateindividualandenterprise-widedata systems,labsystems,equipmentandmanufacturing operationstoensureorganizationscomplywithregulations whilefacilitatingfasterandsmarteroperations.
Toachievethis,Veristaisspearheadingthepushtoward digitaltransformation.Legacyprocessesandsystemsare beingreplacedwithstreamlineddigitalsolutionsthatenable
datatogetfromR&Dandthemanufacturingshopfloorto decision-makersinrecordtime.Forexample,Veristahelped atop5pharmaclientimplementVeevaVaultastheir regulatoryinformationmanagementsystem(RIMS), resultinginafastertimetoINDsubmission.Theycannow completetheirfullycompliantdossiersfasterbyevaluating andstreamliningtheirprocesses,meaningtheirmolecules gettomarketfaster
Coretotheirvalues,Verista’semployeesgivebacktothe communitiestheyservewheneverpossible.Employeesare giventimeoffaspartoftheirbenefitsforvolunteer activities.VeristahasclosetieswithLifeSciencesCaresin BostonandPhiladelphiatosupportitsprograms,suchas donatingandpackinglunchesforinner-citychildren, volunteeringathomelessshelters,andsupportingother educationalprogramsforchildren.
SharingthethoughtsofMannySoman,CEO, "Volunteering is one of the ways in which we can give something back to our local communities and respond to their needs. We have to remember that success is not only defined by our business achievements, but also how well we serve our communities and enrich our ecosystem."
Verista'sgrowthstrategyisprimarilydrivenbylisteningto clients'needs,keepingabreastofregulatorychanges,and stayingastepaheadofindustrytrends.Thisincludes expandingitsgeographicalreach,developingstrategic partnershipswithtechnologyproviders,andanM&A strategythatextendsitscorecapabilitiesforitsclients.
"Verista is a very uniquely designed service provider Apart from what you need as a client, they have excelled in the art of engagement at a more personable level, which makes a client's experience more effective and seamless. This is a rare find." –DirectorofQualityInformationManagement Systems,Top50Pharma
"Verista won in our bidding process because it was able to offer strong technical capabilities in a short timeline. It has a great specialist expertise that could serve exactly when we needed." –VicePresident,Biometrics,Top30Pharma
"I've worked with a number of Verista engineers over the years on both long-term sustainment projects as well as short-term capital projects. One thing that's consistent is Verista's ability to provide resources that understood the specific problems I had and do whatever is needed to resolve them. They're at the top of my list to call when I need something done right the first time."–Engineering Manager,Top50Pharma.
GetintouchwithVeristaatwww.verista.com.
Growingawarenessfromthemeretreatmentof diseasestotheirpreventionwithwearablesand sensorsareshiftingpatientcarefromhospitalsto homes.ThatiswhereTelemedicineandlifescienceare makingitpossibletodeliverapersonalizedhealthcare experiencetoyourhome.Todaywerealizethepotentialof lifesciencesandhowitexplorestheevolvingecosystemto createnewopportunities.
Withtheshiftinbusinessmodels,thecoreexpectationsof eachbusinessarealsoshifting.Keepingtheseexpectations inmind,companiesneedtoequipthemselveswiththeright capabilitiesthatcanbeadaptedacrosstheecosystem. Therefore,companiesmustcreateadigitalstrategythat alignswiththeirshort-termandlong-termbusinessgoals andaccountsforcurrenttalentcapabilitiesandculture. Althoughthestrategiesemployedateachcompanymay differ,herearesomekeystepstosuccessfullybeginyour transformation.
Goodgovernancemeanscompaniesandleaderssetthe rightexamplefromthetop-down,andeveryoneknows whomtoquestionforwhatandwhy.Theorganizational cultureshouldbefocusedonintegritywithappropriate guidanceandtraining.Andtoremainrelevant,companies mustbegintocreateproductsthatfuturepatientconsumers andprovidersdemandwhilestillmeetingcurrentneeds.
Deliveringthiswillneedorganizationstoworkoutsidethe comfortzonesoftheirtraditionalbusinessmodels.Itwill requirecompaniestoconnectandanalyzecareinreal-time viaagile,data-drivensupplychains,betterinterventions, andcaremanagement.
Asthelifescienceecosystembecomesconnected,advances indiagnostics,genomics,AI,andotheremergent
technologieswillreinforceeachother,drivingan exponentialaccelerationtowardspersonalizedcare.
Lifescienceevolvestowardsamoredynamicecosystem sharing,andlifescienceshouldidentifythebusinessmodel thatrepresentsthebestvehicleforthemtodeliverfuture value.Ithastraditionallygeneratedvaluebycreating innovativedevices.Itsfuturesuccessdependsnotjuston thecutting-edgetechnologiesbutonitsabilitytoconnectto awiderecosystem.Increasingly,itwillnolongerbethe questionofcreatinginnovativedevicesbutdemonstrating howtheirusecandrivebetteroutcomes.
Thetechnicalchallenge:Lackofinteroperabilitybetween thedata-managementsystemsusedacrosslifesciences meansthatdataarelockedinsiloes.Withoutashared digitalinfrastructure,thereisnomechanismtoallowdatato flowseamlessly.Somelifescienceinnovatorsarealready planningforahighlyconnected,data-drivenfuture.Ona broaderscale,thetechnicalandlogisticaldemandsof buildinga“digitalbackbone”canbeacceptedandusedby allcompaniesthatmaydemandexpertisethatliesoutside theindustry'scapabilities.
Nevertheless,lifesciencescanaddresstheseissuesby workingcloselytounderstandtheirrealcustomers'needs anddelivervaluetothosecustomers.Theopportunityison thecompaniestotakethefirststepstowardconstructingthe connectedecosystem,andthepotentialrewardsare significantforthecompaniesthatseizethisopportunity Andtoallthesecompaniesneedtotakerisks;itwillonly withrisksthatwecancreatesomethingbetterforthe ecosystem.
Haveyousearchedforpackagingsolutionsand companiesthatareexpertsattheirjoband implementinnovativeserviceswhileproviding sustainableproducts?Ifyouranswerisyes,yoursearch endsatEssentraPackaging,whereseasonedexpertskeep trackofconsumertrends,packagingdesignsandsmart technologies,toproduceoneofthefinestpackaging productrangesintheworld.
Essentradeliversaninnovativeofferingofcartons,leaflets andlabelsthathelptoreducesupplychaincomplexityand enablesaseamlessend-to-endservice.Essentrahasstrong experienceinenhancingstandardpackagingqualities, backedbyindustry-beatingperformances.
Tolearnmoreaboutthebusiness,wesatdownwithMarga Romo,HeadofMarketingPackagingDivisionat EssentraPackaging.
EssentraPackaginghasalonghistoryofdesignand manufacturingexcellence,withrootsthatcanbetracedto thebeginningpastcentury. Fromtheverybeginning,the businesshassoughttobecomethego-tonamefor exceptionalpackagingdesigninallitsformatsacrossthe pharmaceutical,health,andbeautysectors.Inshort,the companysupportsitscustomersintheirbusinessgoalsand theirpackinglineprocesses.
Fromitsinception,thebusinesshascontinuedmovingfrom strengthtostrength,servingmediumtolarge pharmaceuticalbusinesses,brandcustomers,andcontract manufacturingorganizations(CMOs)acrossdifferent subsegmentsworldwide.
AtthecenterofeverythingisEssentra'spurpose,to responsiblyprovidetheproductsandservicesitscustomers needtosucceed.Itaimstochangetheworldbymakinga helpfuldifferencethroughindustriallyviableinnovative solutions.
Margaexplains: "Our long-term growth is powered by innovation and sustainability, so we put such a strong focus on these elements. We live our purpose, stay true to values, and deliver the goals we believe we are building for the future. Building a better, brighter future for us all."
EssentraPackagingaimstoaffectpositivechangeinthe marketbyupliftingthestandardofpackagingqualityand performanceandpushingtheboundariesofwhatstandard
Our expertise and support for packaging design, from the project beginning to completion, adds high value for our customers.
materialscanachieve.TheheartofEssentraPackagingis collaboration,ensuringthateverysinglepackagingproject meetstheneedsofconsumersandpatientstoday,tomorrow, andbeyond.
EssentraPackaginghasadiverseportfolioofpackaging solutionsinitsenviablerange.However,itisperhapsbest knownforitshigh-qualitycartons,leaflets,andlabelsfor thehealth,pharmaceutical,andbeautysectors.Atightly curatedrangeofinnovativeproductsandserviceshelps EssentraPackagingtomakeitscustomers'liveseasierby unlockinggreaterefficiencyand,asaresult,freeing customerteamsuptofocusontheircorebusiness.
Margacomments, "We uniquely operate several print technologies – digital, offset, and flexo – optimizing resources in shorter print runs and maintaining high productivity in larger batches, enabling the company to stay responsive to shifting market needs."
CombiningtechnologiesenablesEssentraPackagingto
optimizeandminimizeproductionwaste,contributingtoits ambitioussustainabilityprogramasitseekstobeanever moreenvironmentallyawarebusinessandsupportthe sustainabilityagendasofitscustomers.
Demonstratingitscommitmenttothepharmaceutical, health,andbeautymarkets,EssentraPackagingalso providespre-serializationsolutionswithdrop-on-demand anddigitaltechnologiesaswellasserializationsolutions, suchasclearcode,alongsidebespokesolutionsforclinical trialpacks,labelsolutionsincludingtamper-evident labelingandsustainableboard-basedcartons.
Pharmaceuticalcustomersneedtobeflexibleanddynamic tostayaheadoffast-pacedmarkets,particularlyintoday's commercialenvironmentofvolatiledemand.Itencourages EssentraPackagingtorespondtocustomerchallengeswith agility,achievedthroughitsinnovativeproductsand services.
Inaddition,EssentraPackagingputssignificant developmentalfocusonsafetyandpatientengagement solutionstohelppharmaceuticalcompaniesstayaheadof marketneeds,includingACFfeatures,tamper-evident labelsandcartons,time-temperatureindicatorlabels currentlyindevelopment,andbookletsfortheclinicaltrials segment.
EssentraPackagingremainsoneofthemostagile businessesbydevelopingpackagingsolutionsthroughthe lensoftheconsumerandpatient,ensuringeveryproject meetstheneedsofboththecustomerandend-user.This approachhelpstodriverealcommercialvalueandhelpsto turnpackagingfromanecessityintoatruecommercial edge.
WhatmakesadifferenceforEssentraPackagingcustomers isthatitcontinuestomonitorwhat'shappeningnotjustin thepackagingsectorbutalsoincustomermarkets.This includesconsumertrends,regulatoryandlegislative changes,andmore.Bystayingaheadofitscustomers' markets,thecompanyiscreatingastronginnovation pipelineforitsnextprintandpackagingtechnologies generation.
Margastates, "Across our production sites globally, Essentra Packaging is proud to invest in innovative technologies, which remain critical to the business's
ongoing success. A great example is the company's recent investment in a Landa S10 nano graphic press at our Bradford, UK, production site. The installation marks the first of its kind in the country. It combines the speed and agility of digital print with the long-run precision and repeatability of traditional offset printing. The technology uses high-resolution ink ejectors to deliver a remarkable 1200dpi resolution, marking a significant new avenue of exploration in secondary packaging.
EssentraPackagingpridesitselfonbeinganindustry pioneerintechnologiesthataddvaluetothehealth, pharmaceutical,andbeautymarkets,whichisevident throughitsinvestmenttrackrecord.
EssentraPackagingplacesastrongfocusonsustainability, aimingtopositivelyimpacttheglobalenvironmentthrough bothitsbusinesspracticesandproductrange.Thebusiness believesintakinga'360-degreeapproachtosustainability', whichmeansincreasingitsownteam'sawarenessof environmentalissues,investinginsustainabletechnology andproductdesign,andusingitsexpertiseasapackaging leadertocommunicatethistothewidermarketeffectively.
EssentraPackagingbelievesthatCorporateSocial Responsibility(CSR)shouldbemorethanskindeepor marketingjargon–thebusinessiscommittedtobeinga forceforgoodinthemarketandaimstodemonstratethisat everyturn.
OneofthewaysthatEssentraPackagingdemonstratesits commitmenttosustainabilityisitsZeroWastetoLandfill (ZWTL)initiative.Thisinitiativeistheoperational philosophyofreducingtheamountofwastethatendsupin landfillandisfoundinmanybusinesssectors.ZWTLis particularlyimportantinthepackagingandprintindustry, wherewastecanbeasignificantproblem.
ThebusinessiscommittedtoreachingZWTLacrossallits productionsitesby2030,andindependentthird-party auditingrevealsthataroundhalfofitsfacilitieshavenow reachedthisgoal.Inaddition,EssentraPackagingputsa strongfocusonhealthandsafetyacrossitssitesand throughtitsworkforce.PuttingHSEhighontheagenda helpstokeepitsteamssafeinallconditions,whetherin busymanufacturingfacilitiesorevenworkingfromhome.
TheEssentraPackagingbusinesshasanextremelysolid footholdinthemarket,anexperiencedteamandfuture-
proofdesignphilosophy Thebusinesshasmaintaineda stronginvestmentprogramintechnologyanddigitalization, whichpreparesEssentraPackagingforthefuturedirection ofitscoremarkets.
EssentraPackagingwelcomesconversationwithany businessinthepharmaceutical,health,andbeautymarket thatislookingtoimprovetheirpackingprocessanddesign sustainablepackagingwiththesafetyandsecurityof patientsandconsumersattheheart.