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Dec 05th, 2023
Increasing demand on pharmaceutical companies is leading them to pass costs on to packaging companies, according to a new report.
Over recent years, the pharmaceutical industry has witnessed unprecedented growth. This is being driven by a variety of factors including changing lifestyles, increased diagnosis of diseases and resultant healthcare spending by governments around the world.
This growth, coupled with a rise in over the counter products, has triggered a tightening of regulations to protect consumer safety and the environment.
Pharmaceutical manufacturers, says the report, are responding to such pressures by passing costs onto packaging companies.
Get the full report here