Marken opens state of the art logistics centre in Argentina
October 12, 2016
Pharmaceutical supply chain specialist Marken has opened a new depot and logistics operation in Argentina. The new depot will operate within Marken's worldwide network of 43 locations. Drug shipments will be monitored by Sentry, a real time GPS tracking system which is connected to the Maestro operating system. The depot's inventory is tracked in Solo, a GMP-compliant, cloud-based system which provides continuous access to Marken's clients.
The new depot facility will be co-located with a new logistics office in Buenos Aires. The depot is designed to significantly increase Marken's drug storage and distribution capacity to serve its clients in the region. The depot its logistics operations are GMP and GDP-compliant which are aligned with Marken's own Gold Book compliance standards. The depot will also have a full range of temperature storage capacities and validated capabilities for late stage customisation of drug product.
Argentina is the fourth-largest pharmaceutical market in the world behind the US, China, and Japan. With a relatively low-cost base and high-quality professionals in the biotechnology sector, Argentina is home to over 130 biotechnology companies. Argentina is considered a favourable source for cost-effective clinical trials within Latin America, and was one of the first Latin American countries to implement the recommendations of the WHO Good Manufacturing Practices and Control standards which endorses compliance to an international set of quality standards for pharmaceutical production.
Wes Wheeler, Marken's CEO, commented, "We are proud that after just three years of establishing our first depot in Argentina, we are now in need of larger space and greater capabilities in order to meet the growing demand of our clients in Argentina and Latin America. Having a larger presence in Buenos Aires will ensure that Marken has the expanded capacity to grow with our clients and provide full service, global clinical supply chain solutions."