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An analysis of supply chain strategies in the regenerative medicine industry—Implications for future development

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  • Wei Teng, Chih
  • Foley, Lucy
  • O'Neill, Peter
  • Hicks, Chris

Abstract

The pharmaceutical, biotechnology and life sciences industry was worth approximately US$1 trillion in 2010, of which 73.2% was attributed to pharmaceuticals, 25% to biotechnology and the remainder to life sciences. Regenerative medicines, which use live cells to cure previously incurable diseases, are a small, but growing sector of the life sciences industry. Product development here is long, the industry highly regulated and scaling up from lab to volume oriented dispersed production has many challenges. In contrast to most manufacturing environments, it is not possible to change manufacturing processes or supply chains ad hoc, as the entire supply process is specified as part of regulatory approval. It is therefore prudent to plan for the integration of production processes and supply chains during development, as the cost ramifications will seal the success or failure of a therapy at start up. This paper presents a taxonomy, which decomposes regenerative medicine into exemplar cellular therapies that then enables the characterization of their supply chain strategies and structures. Using a case study methodology, we explore the supply chains of five cellular therapies to provide insight into how regenerative medicine supply chains could be configured and managed to get cell therapies to more markets faster, and within an acceptable cost regime.

Suggested Citation

  • Wei Teng, Chih & Foley, Lucy & O'Neill, Peter & Hicks, Chris, 2014. "An analysis of supply chain strategies in the regenerative medicine industry—Implications for future development," International Journal of Production Economics, Elsevier, vol. 149(C), pages 211-225.
    • Handle: RePEc:eee:proeco:v:149:y:2014:i:c:p:211-225
    DOI: 10.1016/j.ijpe.2013.06.006
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    References listed on IDEAS

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    Cited by:

    1. Shiva Moslemi & Mohammad Hossein Zavvar Sabegh & Abolfazl Mirzazadeh & Yucel Ozturkoglu & Eric Maass, 2017. "A multi-objective model for multi-production and multi-echelon closed-loop pharmaceutical supply chain considering quality concepts: NSGAII approach," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(2), pages 1717-1733, November.

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