Pharmaceuticals

Pharmaceuticals IndustryThe pharmaceutical industry deals in research and development, production and marketing of drugs or pharmaceuticals licensed for use as medications. They are governed by very strict rules and regulations regarding the patenting, testing and ensuring safety and efficacy and marketing of drugs.

The Indian pharmaceutical industry is extremely dynamic and offers great opportunities for Indian and global market. Indian Pharmaceutical Industries will emerge as a leading global player in pharmaceutical industry by 2020, securing a place among the top five major global markets, according to report. Also, Associated Chambers of Commerce and Industry (Assocham) has said it expects the Indian pharmaceutical industry to reach US$ 20 billion by 2015, making it one of the world's top 10 pharmaceuticals markets. The Indian market has about 8,500 manufacturers, driving the reduction in costs across the life cycle of a product. The industry is now looking at new innovations and solutions that will deliver world class production meeting compliance. The efforts are to reduce production cost and meeting turnaround time.

QMCI can help
Pharmaceuticals IndustryQMCI has continuing commitment to pharma sector by serving clients with a deep technical knowledge and deep insight into industry models and their exclusive requirements. We offer our clients not only strategic visions but also a practical and technical methodology to help them deal with existing challenges. QMCI team has overall combined experience of more than 50 years in pharmaceutical companies. We add automation throughout the value chain, along with robust quality compliance which helps pharmaceutical companies to create the right infrastructure to deliver best products. This also raises bar in quality and brings out a high volume of non- conforming products.

Pharmaceutical firms that use the Lean Six Sigma methodology are far more prepared to take any challenge on their way. This methodology also helps in increased operational speed, improved quality, reduced costs, low turnaround time, eliminating waste, high profit, reduce operational cost and enhanced customer satisfaction. By automating manual activities, eliminating all wastes or non–value-added activities, and streamlining the most complex process flows, Lean Six Sigma projects can save lot of time and helps them to focus on innovation in production.

Our highly skilled consultants have worked with top pharmaceutical companies across globe. Some of our expertise includes:

  • Pharmaceuticals IndustryReduction in approval time
  • Research and Development
  • Collaborations between industry, academia and the government
  • Policy and Regulatory compliance
  • Process Excellence techniques using lean manufacturing and six sigma
  • Innovation in production
  • Adding automation in medicine production
  • Promotion of drugs and medicines
  • Marketing and Sales
  • Risk Assessment
  • Corporate Intelligence
  • Turnaround time of drugs and medicines

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