Global pharmaceutical and life sciences companies are facing a lot of challenges nowadays due to pricing pressure, changing regulatory requirements, the decline in research and development investments, etc. As a result, they are increasingly finding it difficult to achieve and maintain profitable growth. Pharmaceutical outsourcing offers such pharma companies an opportunity to face these challenges while benefiting from streamlined operations and increased savings.
By outsourcing their non-core operations, pharmaceutical companies have moved up the value chain. By forming strategic relationships with outsourcing partners, small and medium pharma organizations can focus on their core competencies, access specialized expertise, achieve cost-saving benefits and reduce burn rates that directly lead to greater shareholder value.
With the help of a highly-qualified and skilled team which in turn is backed by revolutionary state-of-the-art infrastructure, we at Flatworld Solutions provide the following services to our clients -
Pharma development involves the designing, building, and scaling-up of a process in order to transform promising molecules synthesized in research labs into medicines that can be mass produced for patient use. Flatworld Solutions determines how to create the active pharmaceutical ingredient, the most suitable dosage, how to test its purity and how to ensure it consistently delivers safe and effective drug levels. Some of the sub-services further include -
Our streamlined manufacturing and packaging process has proven to be successful for many of the world's leading pharmaceutical manufacturers and is designed to meet the industry standards of various countries. Our machines are intended for use in sterile facilities and have been designed to the highest GMP standards. Our services include -
Along with the above-mentioned services, we also provide various pharmaceutical support services to take care of back-end tasks in healthcare which otherwise require a large amount of manpower and time to complete. Such services include -
Being one of the leading service providers of pharmaceutical outsourcing services, we believe in providing our clients with the best quality services within a quick turnaround time. This is possible by making use of the latest and best tools and technologies. Some of the popular software w leverage include -
Years of experience in serving healthcare companies and a Good Manufacturing Practice (GMP) has enabled us to become the most trusted pharmaceutical BPO partner for some of the leading pharmaceutical organizations in the world. We understand the various benefits involved in outsourcing pharmaceutical services in-depth and offer our clients immaculate services so that they can focus on more important and pressing requirements. Some of the reasons to outsource include -
Regions like India and China are offering pharmaceutical services at low costs. By outsourcing, companies can easily avoid or postpone significant capital investments which increase drug development costs.
Even a small reduction in drug development time can yield substantial cost savings and other significant benefits. Rising product development costs and limited internal resources often constrain pharmaceutical companies from expanding their product development pipeline. Outsourcing helps eliminate such bottlenecks, gives access to advanced technologies, and reduces the overall time-to-market.
As outsourcing relationships mature, companies shift their outsourcing strategies from pure vendor-buyer relationships to business alliance relationships. This helps to establish successful and stable business relations resulting in improved pharmaceutical outsourcing processes while reducing overall business risks.
Many pharmaceutical companies are entering into risk-sharing outsourcing partnerships to lower their operational risks by sharing management and financial responsibilities. Outsourcing enables companies to expand their R&D pipelines while providing a greater chance for a product to succeed.
By outsourcing pharmaceutical services, companies have more time to spend on their research and development operations and have access to high-quality manufacturing assistance.
Flatworld's pharma outsourcing professionals bring in-depth industry experience and global market knowledge to support your outsourcing needs by providing a full range of services across each stage of the pharma outsourcing lifecycle. Some of the ways in which Flatworld Solutions can help you include -
Flatworld Solutions is a well-known outsourcing company with global offices and delivery centers providing end-to-end healthcare and pharmaceutical services for over a decade to clients around the globe. Some of our key differentiators include -
A leading birth control telemedicine provider was looking for a partner who could provide them with insurance eligibility verification services. Our team provided them with reliable and cost-effective services.
A US-based medical billing services administrator was looking for a service provider who could help them with medical billing support. We provided them with the services within a quick time.
The team at Flatworld Solutions does an admirable job of getting the bulk of orders completed prior to closing the books! Thanks a lot!Spokesperson,
With more than 19 years of experience in the pharmaceutical industry, we have come a long way in serving our clients, building an identity of trust, and becoming one of the leading pharmaceutical outsourcing companies. It is our mission to provide the best and cost-effective services to our clients using state-of-the-art technology in the pharmaceutical industry.
If you are having trouble in handling pharma research, or managing huge volumes of pharmaceutical operations, or haven't been able to scale up your operations, feel free to get in touch with us or talk to one of our representatives and we will guide you through the entire process.
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Pharmaceutical outsourcing refers to the outsourcing of research activities to academic and private contract research organizations (CROs) to remain competitive and flexible.
Pharmaceutical companies outsource to remain flexible and competitive in a world of exponentially growing knowledge, unstable economic environments, and increasingly sophisticated technology.