Pharma EXPO Debut Continues to Grow to Meet Industry Demand

May 25, 2014
Pharma EXPO Debut Continues to Grow to Meet Industry Demand alt

PMMI has tapped into the fast-growing $1 trillion medicines market with the planned launch of Pharma EXPO coming up in November collocated with PACK EXPO International in Chicago.

Already 85 percent sold out months before its opening, the exhibition is co-produced by PMMI, the Association for Packaging and Processing Technologies, and the International Society for Pharmaceutical Engineering (ISPE), the world’s largest not-for-profit association leading scientific, technical and regulatory advancement throughout the pharmaceutical lifecycle.

To date, more than 160 solutions providers have committed to showcase their innovations for improving and enhancing the pharmaceutical lifecycle at Pharma EXPO.

The event will serve as a one-stop shop for solutions and insights critical to success in the pharmaceutical, nutraceutical, medical device and biotech industries.

Its collocation with PACK EXPO International also will allow for an exchange of ideas between these sectors and the food, beverage and other industries served by PACK EXPO.

Together, the shows are expected to attract 50,000 attendees and more than 2,000 technology supplier-exhibitors.

“Counterfeiting, the current regulatory environment and an increasingly competitive global landscape all present new and more complex challenges than in the past,” said Charles D. Yuska, president and CEO of PMMI.

He added, “Our mission was to design Pharma EXPO to serve as a complete resource for industry professionals to find the ideas and tools needed to solve today and tomorrow’s challenges.”

In addition, ISPE will produce an educational conference tailored to the specific needs of pharmaceutical manufacturers.

Pharma EXPO’s Innovation Stage will supplement the conference sessions with additional presentations on industry issues and new technologies.

“Particularly with the recent signing of H.R. 3204 into law, pharmaceutical manufacturers doing business in the U.S. are looking for the best ways to comply with new regulations on serialization and e-pedigree standards,” said Nancy Berg, president and CEO of ISPE.

She added, “Pharma EXPO will be a forum where industry professionals address such issues, then discover solutions only a few steps away.”

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.