The SARS-CoV-2 pandemic has drawn significant attention to just how much US pharmaceutical manufacturers rely on manufacturers outside the United States, both for drug substances and finished dosage drugs. It also has demonstrated the risks associated with global supply chains that are overly reliant on specific regions such as China and India, which may be[…]
Can the U.S. Stop Buying Drugs from China?
blog, Supply Chain Tags: ChinaCOVID-19risk managementsupply chain Oct 04, 2020
LGM Pharma Acquires Pharmaceutical Development and Manufacturing Unit of Nexgen Pharma
LGM Pharma, Press Release Tags: growth Jul 23, 2020
LGM Pharma’s Expanded Contract Development and Manufacturing Organization (CDMO) Capabilities Will Enable Customers to Accelerate and Optimize the New Product Pathway from Early Development Through Commercialization Boca Raton, Florida, July 27, 2020 – LGM Pharma today announced that it has acquired the formulation development and drug product contract manufacturing business of Nexgen Pharma, Inc. The[…]
A Look at Reshoring Drug Manufacturing: A Q&A With LGM Pharma’s Hamilton Lenox
blog, Supply Chain Tags: ChinaCOVID-19reshoringsupply chain Jun 08, 2020
When SARS-CoV-2 arrived on American shores this Spring, concerns about overextended drug supply chains already were circulating. The issues at hand weren’t new, by any stretch. Environmental, quality and political actions all had impacted drug imports in the last half-dozen years, causing drug shortages and C-suite anxiety. The global pandemic – and the resultant (albeit[…]
Risk Management Practices to Address Pharmaceutical Sourcing Challenges
LGM Pharma, Supply Chain Tags: Drug Developmentpharmaceutical sourcingsupply chain May 03, 2020
It may seem odd to be discussing sourcing challenges considering the overwhelming evidence we now have of what can happen to global (and even local) supply chains when disaster strikes, but while the coronavirus pandemic certainly has put the spotlight on the risks of global supply chains, it by no means created those risks. Indeed,[…]
Increasing Demand for Cold Chain Logistics
blog, LGM Pharma, Supply Chain Tags: cold chainGDP ComplianceGMP Compliancelogisticsregulatory standardsTemperature Controlledtemperature-controlled facilitiestemperature-sensitive productsWarehouse Capabilities Mar 30, 2020
Last month, in a post on supply chain risks, we referenced the growing cold chain logistics trend as one of the many increasing pressures on pharmaceutical supply chains. Cold chain is less an emerging issue and more a rising tide, however. While it isn’t a new practice by any means, its use has historically been[…]
Career Connections Event
blog, Trade Shows & Events Tags: BioFloridaEventsLife Sciences IndustryNetworking Mar 02, 2020
On February 29th, 2020 LGM Pharma attended the Career Connections Event, hosted by Nova Southeastern University (Davie, FL). At the event, employers were introduced to future talents, and students and industry professionals learned about local life sciences companies and organizations. Schedule of Events 8:15 am – 9:00 am Lite Breakfast & Coffee Registration, Networking &[…]
Confronting Drug Supply Chain Risks
blog, LGM Pharma, Supply Chain Tags: cold chaincorona virusDSCSAserializationsupply chain Mar 02, 2020
The current coronavirus epidemic and subsequent shutdown of travel to and from affected areas in China make supply chain risk management a particularly timely topic this month. While the last thirty years have seen us grow increasingly comfortable with extended, global supply chains, these past few years’ (and months’) events have wreaked havoc on the[…]
How to Select the Right Pharmaceutical Sourcing Model
LGM Pharma Tags: APIspharmaceutical sourcingsourcingstrategic sourcingsupply chain Feb 07, 2020
Farewell to the Blockbuster? The blockbuster drug era is widely reported to be coming to an end. Last year GEN reported (as did many others): “The blockbuster drug model once reigned supreme. Now it is being succeeded by the precision medicine model. During this transition, the pharmaceutical industry may worry about losing the blockbuster model’s[…]
BDB Breakfast – Women Empowering Women
Trade Shows & Events Tags: BDBConferenceEventsLife Sciences Industry Jan 25, 2020
On January 23rd, 2020, LGM Pharma attended the BDB Palm Beach Breakfast event “Women Empowering Women” in West Palm Beach, FL. We heard success stories of three female founders: Trady Chadwell (1843 Capital), Dr. Jessica Barnes (20Lighter Program), and Dr. Cheryl Baker (BioCurity Pharmaceuticals). Trady Chadwell Tracy Chadwell is the Founding Partner of 1843 Capital,[…]
BioFlorida January Kick Off Event
Trade Shows & Events Tags: BioFloridaEventsLife Sciences IndustryNetworking Jan 23, 2020
On January 21st,2020 LGM Pharma sponsored the BioFlorida January Kick Off Event, hosted by Fox Rothschild in West Palm Beach, FL. Joe Lee, Executive Director at J.P. Morgan for private banking, presented an industry overview and discussed the J.P. Morgan Healthcare Conference. Attendees also heard from Stuart Therapeutics, a company focused on the research and[…]
