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Swiss World Cargo expands pharma corridors

ZURICH: November 28, 2017. Swissmedic, responsible for the authorization and supervision of therapeutic products in Switzerland, has renewed the compliance certification of Swiss World Cargo's ground handler Cargologic at the airline's Zurich hub.

Hardman  CoCargologic was one of the first to secure Good Distribution Practices (GDP) compliance in 2014 and subsequently the 'Center of Excellence for Independent Validators' (CEIV) certification from IATA in 2015 for pharma handling.

Over the past two years, Swiss WorldCargo has been setting up a network of certified trade lanes to ensure the highest quality standards and product integrity in cold chain handling worldwide. By the end of 2017, the company expects to have 50 'Quality Corridors' in place covering the top pharma destinations.

Swiss WorldCargo has also extended Envirotainer's Qualified Envirotainer Provider (QEP) program to 30 stations on the SWISS airline network and implemented 'Extended Room Temperature' controls in cool storage facilities at its main pharma destinations.

According to London-based research company Hardman & Co, the value of the global prescription drug market in 2016 was an estimated US$816 billion - a growth of 4.9 percent over the previous year.

The top 15 pharma companies (right) invested US$86.0 billion in R&D during the period and the highest spender was Swiss-based Roche Holding at US$10.3 billion.

Hardman says the U.S. market roe 5.6 percent from US$303 billion to US$320 billion in 2016 as Pfizer returned to its position as the No.1 ranked company globally with a market share of 5.56 percent.

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