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Mar 1, 2009 (Vol. 29, No. 5)

Business Continuity & Recovery Strategies

Partnerships between Manufacturers and Customers Are Critical to Effective Plans

  • Production Reliability

    Millipore’s BCP strategy is built into new products being developed, in addition to those already sold to customers.  Reviews and assessments in the design stage help ensure that the manufacturing process for a product is robust and repeatable, and the raw materials supply is stable and reliable, often through the qualification of dual raw materials sources. This is in addition to the evaluation of products that are currently manufactured.

  • Risk Assessment and Mitigation

    In leveraging the results of a thorough risk/vulnerability assessment, risk mitigation measures are implemented to reduce the likelihood or impact of an interruption. Each plant and key supplier undergoes a thorough risk assessment; the corrective actions identified from these assessments are tracked to resolution in a formal corrective action system.



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Drug Price Hikes

Novum Pharma recently raised the price of an acne cream by over 3,900% in less than a year-and-a-half and Mylan increased price of EpiPen from $100 to $608 . Do you think pharmaceutical companies need to be subjected to price controls?

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