Third Party Manufacturing Pharma

In the contemporary environment characterized by a great emphasis on shortened product development cycles, pharmaceutical firms are always looking for the best strategy to get newer and improved medicines to the market as fast as possible. In this regard, third-party manufacturing pharma acts as one of the most efficient strategies to implement this effort. Third-party manufacturing is a subtly different concept and it begs the question, why would pharma companies want this? .

What is Third Party Manufacturing?

Contract manufacturing, also referred to as third-party manufacturing, is a scenario whereby a manufacturer of pharmaceutical products hires the services of another manufacturer to provide the necessary manufacturing services. This means that while the company may get the product designing and development, research and marketing, and customer relations, the manufacturing partner will handle the production aspect.

How Do Pharma Companies End Up With A Third-Party Manufacturing Company?

Some of the challenges which have been unheard of in the manufacturing of pharmaceuticals for the companies are; cost; governmental regulations as well as need to use hi-tech equipment. Third-party manufacturing is the best solution to these challenges because companies contract the third parties to help them in manufacturing their products from manufacturers with the necessary resources, accreditation, and skills.

The Process of Third-Party Manufacturing

• Product Selection: This is the choice that companies make on what particular products they wish to produce depending on their market needs.
• Formulation Development: This formulation is made in order to fit certain needs.
• Manufacturer Selection: Taking quality into consideration, selection of a reliable manufacturer involves certification of the manufacturer.
• Agreement: Workplan, cost, and quality of work are also agreed upon from the onset through a contract agreement with the client.
• Production: The manufacturer later manufactures the product in line with all agreed-on specifications.
• Quality Control: The product undergoes quality control measures in order to conform to the statutes governing the product.
• Packaging & Delivery: The ultimate result is packaged and taken to the market or the client.

Benefits of Our Third-Party Manufacturing Services

We are proud that we have worked for some of the prominent brands of the country manufacturing our products from the best facilities. By partnering with us, you gain access to numerous benefits, including:

• Stable Formulations: Providing reliable quality of every single batch, which is underpinned by our strong Research and Development resources.
• Timely Delivery: Well-coordinated delivery schedules to meet your market needs and not being a day behind.
• Competitive Pricing: Solutions that make a lot of sense for your business that do not cause you to spend a lot of money but keep you profitable.
• Wide Range of Products: Pre-selection of varied products and services available to clients resulting from a range of potential markets.
• Wide Range of Change Parts for a Marketing Edge: Maintaining competitive prominence by creating options in product differentiation.
• Special Sample Packs: Sample packs designed to assist you in building consumer confidence and establishing new products into the market.
• Workable Minimum Order Quantities (MOQs): Business solutions that are mass producible for any scale company.
• Dedicated Coordination Team: Access to a coordinated communication system and support to help eliminate hitches from the beginning to the end of the process.
• In-house Well-Equipped Testing Lab: Stringent testing procedures in order to avoid dilution of the product quality and safety.
• Unique Product Range: Luxury products that make your brand the outstanding one in the market.

Challenges of Third-Party Manufacturing

While there are many benefits, there are also some challenges to consider:

• Finding the Right Manufacturer: It is essential to choose an appropriate manufacturer. A few requirements for them include reputable quality standards and business licenses like ISO & GMP.
• Communication: Everyone is always required in the organization to ensure proper flow of communication since at some point, communication of directions and expected patterns of production flow are well directed.
• Cost: While the potential is to cut down the costs, it is always valuable to consider the extent of value the partnership contribution adds to delivering quality services.

Why Choose Bini Laboratories for Third-Party Manufacturing?

For over 50 years at Bini Laboratories, our clients have received the very best of us and our craft. Our harbors equipped with built-up area, bulk shipment facility, proper stocked warehousing, prompt delivery, better employee rates/relation and reasonable price make us the most suitable option for third party manufacturing pharma. Our portfolio includes a spectrum of merchandise, small to large orders, and overall satisfaction of our clients.

By partnering with us, you’ll benefit from:

• Stable product formulations
• IPricing that is relatively close to industry averages and reasonable minimum order quantities
• Dedicated coordination teams
• Advanced facilities for testing available within the organization