Dual sourcing is considered a hassle by some traditional medical device manufacturers. After all, the procurement process is faster and more straightforward when you only have to issue purchase orders and receive components from one vendor. Adding a second supplier to your list of approved vendors takes time and creates additional work for your accounts payable staff.
In reality, dual sourcing can be accomplished efficiently and can be a win-win solution if you follow a few key measures. Below is a look at some of the benefits of dual sourcing and your seven-step guide to effectively dual sourcing a supply chain for medical devices.Read More
Developments in the in vitro diagnostics (IVD) industry have been driven by global trends such as the prevalence of chronic diseases, an aging population, the increase in the occurrence of contagious diseases, and the influence of technology innovators. These trends, plus the desire for ease of use and a general acceptance of personalized care by consumers in developed and developing countries, have influenced IVD developments.Read More
Standard disposable point-of-care diagnostic (POCD) devices are making a positive impact on patient-based healthcare settings worldwide. These devices are convenient and economical, and they provide rapid results. Both clinicians and patients use them to diagnose a range of conditions.
But in certain situations, these diagnostic devices have limitations.Read More
Membranes and membrane processes are efficient filtration tools in the manufacturing of biopharmaceutical products. These tools continue to evolve in response to new therapies and processing methods. The membranes used in separation and purification are beginning to play an even more important role as market demand for monoclonal antibodies (mAbs) and other gene and cell culture therapies have expanded in recent years. The global mAb therapeutics market is projected to grow from almost US$ 95.6 billion in 2017 to US$ 174.2 billion by 2026.Read More