PMMI and ISPE Partner to Launch Pharma EXPO

May 19, 2013

PMMI, owner and producer of the PACK EXPO trade shows, and the International Society for Pharmaceutical Engineering have partnered to launch Pharma EXPO, a new event designed to connect pharmaceutical, medical device and nutraceutical manufacturers with the packaging, processing and other supply chain technologies they need to meet rigorous industry regulations and grow business.

The event will debut in Nov. 2-4, 2014, and collocate with PACK EXPO International at Chicago’s McCormick Place.

In addition to the exhibits portion of the event, which is designed to meet the needs of the manufacturers and suppliers, ISPE will produce a conference program, scheduled to take place during the show. 

“Pharma EXPO is part of our strategy to make it more efficient for attendees to find the technologies they need,” said Charles D. Yuska, president and CEO of PMMI.

He added, “By partnering with ISPE, which is over 20,000 members strong, with a very robust knowledge and learning program, we can combine the best aspects of PACK EXPO with deep industry knowledge and insight to deliver a first-class event for the industry.”

Attendees will have an opportunity to see cutting-edge technology in packaging and processing and attend conference programs that address common challenges in the pharmaceutical lifecycle, according to show organizers.

“At our core, ISPE is about preparing our members to lead global change and innovation in pharmaceutical manufacturing sciences and technology,” said Nancy Berg, president and CEO of ISPE.

She added, “This venture event will provide a new vehicle to achieve that goal and provide members with a unique opportunity to be inspired by ideas and technologies developed for other industries.”

The launch makes sense since historically, upwards of 18 percent of end-users who attend PACK EXPO have identified themselves as pharmaceutical and medical device manufacturers, while one-third of all the exhibitors at PACK EXPO are suppliers to the pharmaceutical industry. 

“The partnership of ISPE, the world leader in pharmaceutical engineering and manufacturing, and PMMI, the world leader in packaging and processing, will make Pharma EXPO a leading pharmaceutical industry event,” according to show organizers.  

The collocated PACK EXPO International and Pharma EXPO are expected to attract 48,000 attendees, 2,000 exhibiting companies and more than 1.1 million net square feet of exhibit space in 2014.

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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.