Richard Shor
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PharmTech:
How has the increasing focus on biopharmaceuticals affected your business?
Shor:
In the sense that biopharmaceuticals are now a growth industry as opposed to the traditional chemical–pharmaceutical industry,
it has impacted us greatly. Single-use process components are ideal for the biopharmaceutical arena. Batches are typically
smaller and most of the processes are not using chemicals that will affect the components we provide.
PharmTech:
How will the industry remain innovative as it reduces spending on research?
Shor:
We have not seen any decline in innovations; however, it is now coming from other sources. What we are seeing is the partnership
and licensing of a molecule to a start-up or small biotechnology company. This model allows the big companies to reduce their
R&D budgets and risk exposure while allowing the smaller companies to get funding through private equity or other sources.
If the product is a success, the investors win as well as the large biotechnology companies that will purchase the smaller
company in the end.
PharmTech:
Do you see a new industry trend emerging?
Shor:
Regulatory compliance has become a big part of our customers' requirements. Biotechnology companies are demanding much tighter
control and assurance of our products. As a supplier of single-use components and systems, SaniSure is now being asked to
have control of our supplier base and the raw materials they are using. The onus is on us to assure a consistent and stable
level of quality and control.
