Increasing Cost Savings by Nearshoring in Pharma Industry, Sourcing Strategy | SpendEdge

Nearshoring in Pharma Industry – A Cost Reduction Strategy that is Often Overlooked

Nearshoring in Pharma Industry – A Cost Reduction Strategy that is Often Overlooked

Stringent FDA requirements, increasing operating costs, shrinking R&D budgets, and patent issues are threatening to shrink the profits in the pharma industry. In a bid to boost their competitiveness and sustainability, top companies in the pharma industry are looking for various strategic measures to improve cost savings. Multiple cost reduction strategies are available to pharmaceutical […]

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