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UPS: 'The market for drugs and therapies requiring cold storage is growing at a rapid rate'


UPS: ‘The market for drugs and therapies requiring cold storage is growing at a rapid rate’
UPS Healthcare says it has invested in its suite of cold chain technologies on the back of ‘unreal growth’ in the pharmaceutical cold chain market.
The company cited data from Biopharma Cold Chain Sourcebook, which predicts that cold chain trends will grow 48% between 2018 and 2024 for drugs that require at least 2-8°C storage and shipping. Additionally, cold chain services market growth is expected to accelerate over the next three years, said UPS, increasing by 24% by 2024, after posting a 10% increase from 2019 to 2020.
On top of that, the US Food and Drug Administration (FDA) is continually approving more and more cold storage drugs, noted the logistics expert. ....

Dan Gagnon , Drug Administration , Biopharma Cold Chain Sourcebook , Markets Amp Regulations , Analytical Technologies Amp Services , Cold Chain , Temperature Control , டான் க்யாநாய்ந் , சந்தைகள் ஆம்ப் ஒழுங்குமுறைகள் , பழையது சங்கிலி ,