PMMI, the association for packaging and processing technologies, recently addressed top trends in robotics, traceability and retail ready packaging at Interpack.
According to PMMI’s recent study on robots usage and trends, robots are projected to be used for 27 per cent of primary packaging for medical devices by 2018, compared to just three per cent in 2013. For pharmaceuticals, robots are expected to handle 34 per cent of primary packaging operations, up from 21 per cent in 2013.
With global spending on medicines forecast to grow at three to five per cent CAGR over the next five years, PMMI is helping industry players discover the solutions they need to advance. The association has 185 member companies showcasing world-class processing and packaging innovations at Interpack.
To make it easier for Interpack attendees to connect with these technology providers, PMMI has launched, Top101Innovators.com, an online platform where interpack attendees can identify and locate these companies at the show. The website links to each company’s portal on pharmaexpo.com to deliver more information on the technologies they will bring to Pharma EXPO (November 2-5; McCormick Place, Chicago, IL) later this year. The new show is co-located with PACK EXPO International 2014 and co-produced by PMMI and ISPE, the International Society for Pharmaceutical Engineering, and will serve as platform for discovering processing and packaging innovation and insights for the pharmaceutical, nutraceutical, medical device and biotech industries.
“As North America’s pharmaceutical industry emerges from a challenging period, manufacturers are gearing up to capitalise on opportunities for growth, but still face many hurdles,” says Charles D Yuska, President and Chief Executive Officer, PMMI. “A complex regulatory environment, persistent counterfeiters and growing demand make it necessary for pharma companies to advance.”
EP News Bureau – Mumbai