Saying the Quiet Things Out Loud

Jennason, LLC

Bringing visibility to critical issues in pharma serialization

Episodes

  1. 08/20/2023

    Back to School

    Episode 2 of the Saying The Quiet Things Out Loud podcast. Part 1 The next 30 days. What pharma entities need to watch for related to DSCSA Why companies should be building their contingency plans now for if the FDA does, or does not, decide to act Part 2 Misleading information- How to filter out the predatory marketing from serialization vendors that flooded the market in the past week Cutbacks and layoffs in biotech- How companies can find significant cost savings in their serialization spend Executive Summary: Balderson/Kuster letter to the FDA sets a response date of Sept 15. We should focus on that date for when some type of insight as to the Nov DSCSA deadlines will be revealed. Any action taken by the FDA that doesn't give Manufacturers more time (in addition to wholesalers/dispensers) will be worthless in terms of avoiding disruption. Companies need to be planning now for both scenarios- where the FDA does provide more time and where the FDA does not. If the FDA grants more time (as expressed in Episode 1) the first things companies should do is a self-evaluation of whether they are really on the right path. Predatory marketing/advertising from serialization vendors has spiked in the last week (and likely will continue for the next 1-2 weeks) as they try to take advantage of companies who are notably behind. If you're one of those companies- Hurry but don't rush, rushing leads to bad decisions- which has happened too often in this space as companies believe vendors promise of an 'easy button' for compliance. Good information is out there and shouldn't cost you a dollar (like emailing scott.pugh@jennason.com with any questions). The recent layoffs and cutbacks in pharma/biotech is unfortunate. Companies in tight financial situations, and even those that are not, would be well served to look at their serialization spend as one (of many) ways to cutback. The fact remains that many companies are significantly overpaying for their serialization systems. This post over a year ago provides a baseline for serialization system pricing https://www.lifescienceserialization.com/2022/07/a-baseline-for-serialization-l4l5.html

  2. 08/04/2023

    A New Approach, In More Ways Than One

    The first installment of the Saying The Quiet Things Out Loud Podcast where we will focus on current topics and trends in the pharmaceutical serialization space. In today's episode we talk through the recent letters to the FDA regarding the upcoming November DSCSA milestone. We talk about the consistent themes of those letters, but also identify the critical questions we, as an industry, should be raising to the FDA. Thanks for listening!! Full Transcript- https://www.lifescienceserialization.com/2023/08/saying-quiet-things-out-loud-episode-1.html Executive Summary: Today's episode focuses on the recent letters addressed to the FDA asking for more time to ensure the industry is ready to comply with DSCSA Everyone agrees more time is needed, but the critical question to be raising is "What do we do that additional time?" The wrong answer for the industry is to ask for additional time only to continue down the same path We, as an industry, need to do a self evaluation/self-reflection of the right way to go about enabling interoperability between entities. What we've collectively been doing thus far is not the right answer. This does not mean we start from scratch- but we need to accept the reality that we completely missed on establishing interoperability Despite what any vendor, conference or advertisement might claim- there is no true concept of a collaboration network in use across the industry today. A true collaboration network is the key foundational layer to enabling interoperability Major industry participants have done self-reflection/self-evaluation of their serialization journey and came to the conclusion that significant changes were needed- Why wouldn't we do the same as an industry? If we continue down the same path, in 1 to 2 years we'll simply end up in the same place as we are today- without having addressed the real issues that will lead to supply chain disruptions/drug shortages which are the severe data quality/integrity issues that the industry is only now starting to realize as more companies start paying attention to serialization data The next 2 months will shape the next 2 years in pharma serialization- if we are given more time, let's taken advantage of it by course correcting and setting a vision for a true supply chain interoperability

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Bringing visibility to critical issues in pharma serialization