Cardinal Health, Inc. Receives Frost & Sullivan Best Bang For The Buck Award For Its Cost Efficient Manufacturing
PALO ALTO, Calif., May 15 /PRNewswire/ -- Frost & Sullivan selected Cardinal Health, Inc. as the recipient of its 2006 Best Bang for the Buck Award in the global pharmaceutical contract manufacturing markets.
Each year, this Award is presented to a company that has provided customers with the solution and/or service that provides the highest ratio of value to cost. The recipient has provided customers with a product that provides quality, while staying extremely competitively priced.
Cardinal Health is the largest global contract manufacturer serving the pharmaceutical and biotechnology industries. It also offers the broadest range of manufacturing options, including oral dosage forms, and sterile and topical products.
"What differentiates Cardinal Health from numerous other contract manufacturing organizations is its ability to move beyond typical manufacturing services and offering unique solutions to its clients, thereby leveraging its value proposition," says Frost & Sullivan Research Analyst Barath Shankar S. "Cardinal Health holds more than a thousand patents and applications in drug delivery technologies that enable pharmaceutical and biopharmaceutical companies to relaunch their existing products using these novel delivery technologies, helping revive late life-cycle products."
In the oral dosage form segment, Cardinal Health offers novel proprietary drug delivery techniques through their softgel capsules, Zydis(R) -- a fast dissolving dosage form; EnCirc(R), EnVel(R) and EnSolv(R) -- oral modified release formulations; and controlled release formulations.
In the sterile products segment, Cardinal Health offers sterile fill/finish, blow/fill/seal and lyophilization services, catering to clients from pre-clinical to commercial stages. In the topical products segment, Cardinal Health provides novel technologies such as Microsponge(R) timed release and DelPouch(R) unit dose delivery system to clients that wish to manufacture and market their own compounds as innovative products.
Apart from manufacturing, Cardinal Health also offers packaging services that enable pharmaceutical and biopharmaceutical companies to increase their brand awareness by improving their presence and patient compliance. Cardinal Health, which offers a 'one-stop-shop' solution service, has been able to gain visibility and reputation as a 'solution provider' among companies.
Similarly, mid-size and specialty companies that need multiple sources in their supply chain consider Cardinal Health an ideal replacement for multiple supplier chain. Cardinal Health is expected to function as a single supplier catering to almost the entire supply chain. The post-launch support by Cardinal Health includes life-cycle management, which ensures increased product profitability from its services.
"One of the key competitive advantages that Cardinal Health has acquired is the continuous interaction and the communication path it has established with pharmacists and physicians," notes Barath Shankar. "As a result, Cardinal Health has been able to stay up to date with trends in the industry and offer solutions to its clients to stay competitive and grow their businesses successfully."
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Contact: Stacie Jones Frost & Sullivan 210.247.2450 Stacie.jones@frost.com
Frost & SullivanCONTACT: Stacie Jones of Frost & Sullivan, +1-210-247-2450, orStacie.jones@frost.com