Consortiums are nothing new, but they do seem to be popping up more than usual throughout the pharmaceutical sector lately. Rx-360 and its supply-chain efforts come to mind, as does the IQ consortium on advancing innovation in the quality of pharmaceutical development. There’s also an international pharmaceutical privacy consortium, a consultants consortium, and more.
The fact is, industry seems to be tired of waiting for standard-setting bodies and regulators to take action on solving key challenges such as counterfeiting, economically motivated adulteration, the implementation of quality by design, and so forth. It’s not that the agencies and organizations aren’t working on these issues, but they have to do deal with more legal and governmental bureaucracy than do representatives from various companies sitting around a table over coffee or drinks. Read more »