Your search for the largest pharmaceutical distributor in North America ends here. Medicines have become essential in this modern and fast world, like food and water. It is why the global pharma revenues worldwide crossed 1.27 trillion dollars in 2020. The US pharmaceutical and biopharmaceutical industry earned over 625 billion in revenues in 2020. The pharma industry is responsible worldwide for researching, developing, producing, and distributing medicines globally. But in the last few decades, the best 3PL companies like Go Freight Hub are responsible for distributing the medicines across the nook and corner of all states in the US. To be the largest pharmaceutical distributor in North America is a challenging job that requires many skills, infrastructure, and other requirements to comply with the strict federal government rules and regulations.
So, check out the essential needs to be the largest pharmaceutical distributor in North America, complying with all rules.
Why is pharmaceutical distribution in North America challenging?
North American countries like the US and Canada contribute significantly to the rapid rise in the increasing pharmaceutical industry. For example, over two thousand branded pharma companies in the US alone distribute their pharma products to nearly 90,000 pharmacies in the fifty states. Hence most pharma companies entrust the distribution work to the 3PL providers. But not all 3PL companies do not have the capabilities to do it effectively for many reasons. First, it is by controlling the temperature of the warehouses storing pharma products and in trucks and containers transporting them. Even 2 degrees less than the required temperature will contaminate the pharma product. Hence the federal government has laid down stringent rules and regulations for handling, storing, and transporting pharma products. Hence it is challenging for any 3PL company to deal with it to become the largest pharma distributor in North America.
What are the requirements for being the largest pharma distributor in North America?
Pharma companies, big and small, should know the many requirements for choosing the largest pharma distributor in North America to handle, store and transport their products. A few of the requirements that make the 3PL company be the largest pharma distributor in North America include.
1. Should have the asset-based trucks and containers for transporting all pharma products irrespective of the inventory size
2. Ensure high quality customized 3PL services for safe, accurate, and cost-effective distribution of all pharma products
3. Support specialty therapy from beginning to end with real-time tracking of plasma transportation
4. Have a thorough business continuity plan that includes 100 percent site redundancy and complete generator backup
5. Must have the license to deliver the pharma products to nook and corner of all the states in the US and other North American countries
6. Have the capability for same-day deliveries for emergency requirements of life-saving or other critical pharma products
7. Offer seamless 3PL logistics data, analytics, and reporting through a user-friendly dashboard that suits the needs of the pharma manufacturer and their pharmacy clients.
8. Offer round-the-clock service with the dedicated manager as a single point of contact for daily communication to clear doubts and solve any issues efficiently and quickly.
9. Maintain the cold chain throughout the entire process of receiving the pharma products from the manufacturers until delivery to the pharmacies or consumers
10. Ensure the equipment for handling pharma products and vehicles have the basic design and security for safe handling and transportation.
11. Should have the cargo area be crystal clear using suitable machines for preventing any cross-contamination that will damage the product to be of no use on delivery
12. Follow all the rules and regulations of CGMP, DSQA Type II DSCSA and get the appropriate FDA and VAWD licenses.
Go Hazmat Hub having all the above requirements and more, is the largest pharma distributor in North America.