Cold Chain MENA 2010 - Biopharmaceutical Cold Chain: Investing in the MENA Region

News provided by

IQPC Middle East

Sep 23, 2010, 09:49 ET

DUBAI, September 23, 2010 /PRNewswire/ -- Growth in the pharmaceutical industry means that the worldwide cold chain industry is expected to be worth $6.6 billion (GBP4.2 billion) by the year 2011.

The Middle East and North Africa (MENA) region has played a large part in this growth and pharmaceutical industry companies have been investing in their cold chain operation in the region.

http://www.virtualpressoffice.com/eventsSubmenuForSearch.do?showId=983&en

ableHistory=EventsTab&myLink=myEventsSubmenu&fromSearch=T

(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)

Demand for cold chain facilities is only likely to rise in the coming years, as increases have been seen in the vaccine market, in part due to the spread of the H1N1 virus.

Figures from the Cold Chain Biopharma Logistics Sourcebook 2010 state that by the year 2014 seven of the top ten pharmaceutical products will require cold chain handling and regulations surrounding the monitoring and temperature controls of cold chain handling are likely to increase.

"This activity is being driven by a combination of where the biopharma industry is going - toward more biologics - and the global industry's push into emerging markets," Nick Basta, co-author of the report and editor-in-chief of Pharmaceutical Commerce, was quoted by the International Federation of Pharmaceutical Wholesalers as saying.

About Cold Chain MENA

IQPC's Cold Chain MENA summit will combine Supply Chain, Logistics and Quality leaders from Multi-national biopharma companies from the region and around the world as well as government and regulatory figures to discuss issues and proposed solutions that may occur across the supply chain.

    http://www.coldchainmena.com

    Media Contact
    Michelle Petiza
    Marketing Manager - Cold Chain MENA
    [email protected]
    04-3642975

SOURCE IQPC Middle East

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3
440k+
Newsrooms &
Influencers
icon1
9k+
Digital Media
Outlets
icon2
270k+
Journalists
Opted In
GET STARTED