Business Process Outsourcing News and Information

Is Pharmaceutical industry treating outsourcing with too much caution? Very recently one of my friends who pitches for pharma outsourcing contracts across Australia told me of late clients are in a fix (mostly not giant organizations) about outsourcing as contrary the process does not save as big money as it is perceived.

Is pharmaceutical industry is a bit conservative when compared to other new age industries. Let’s take a look what scientists from Eli Lily have to say on this.

Our industry is very conservative," Eli Lilly drug disposition department head Dr Ajai Chaudhary said.

"I think there are arguments on risk sharing in our industry. The way we are doing business, we have to transform and change and we have to find faster ways to change. Outsourcing is just one of the pieces. It's a means to get there but it's hard in our highly regulated industry. We do have to find smarter ways to do things and this is one tack but we have to make sure we do it properly."

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