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ILC ADOPTS DIRECT-TO-PHARMACY MODEL : BRINGING COST BENEFITS TO CONSUMERS

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ILC ADOPTS DIRECT-TO-PHARMACY MODEL : BRINGING COST BENEFITS TO CONSUMERS

Traditionally manufacturers sold to wholesalers, who then competed with each other to supply to pharmacies. At every step of this model, there was a 30% price increase. The Direct-to-Pharmacy approach allows companies to sell directly to pharmacies with a 3PL (third party logistics services provider) delivering the medicines on their behalf. Right away, this means … Continued

02 Jan
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PHARMA PACKAGING TRENDS

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PHARMA PACKAGING TRENDS

Traditionally, pharma packaging was considered an extension of the manufacturing process. After packaging, the product would be shipped to its destination and stored in a warehouse until shifted. High inventory costs were inescapable and managing fluctuating demand, and damage to stored items was difficult. However, the landscape has completely changed with the advent of postponement … Continued

23 Oct
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SUCCESS IS “OBSESSIVE DETERMINATION AND PERSISTENCE”

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SUCCESS IS “OBSESSIVE DETERMINATION AND PERSISTENCE”

Daniel Abrego is CEO of Intercontinental Logistics Corp. He is an international logistics expert and business innovator. At ILC’s headquarters in Panama Pacifico, he talks frankly about what inspires him and the principles he follows to lead a standout company in a country dominated by logistics players. What would you tell a young person who … Continued

25 Sep
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