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Pharmaceutical and Life Science

Pharmaceutical Overall Equipment Effectiveness

It’s been said that the only constant in the universe is change. There is perhaps no industry today that is feeling the effects of change more than the pharmaceutical industry. In particular, big pharma is feeling the impact of big change moving through the halls of its traditionally changeaverse organizations.

Industry Trends

Companies that have for decades enjoyed significant profits and could sell everything they could make, have had to take a hard look at themselves and begin to embrace the extent of change that is permeating the industry. Initiatives such as Process Analytical Technologies (PAT), recent revised guidance from the FDA (with more to come) and mounting external pressures on organizations are all conspiring to alter the way the industry does business. Significant forces are at work that are forcing the industry to adapt to the times.