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Cold-Chains: temperature controlled supply chains
Pharmaceutical Commerce reported more than half of the 50 top-selling drugs will require cold-chain transportation by 2020
Fast Track designation must be requested by the drug company. The request can be initiated at any time during the drug development process
GPOs earn most of their revenue by charging an administrative fee to vendors
Fast Track: a process designed to facilitate the development and expedite the review of
drugs to treat serious conditions and fill
an unmet medical need
Implantable Medical Device (IMD): manufactured to replace missing, support damaged, or
enhance existing biological structures
Group Purchasing Organization (GPO): composed of entities that leverage the purchasing power
of groups of businesses to obtain collective discounts from vendors