Millions of people depend on pharmaceutical products to maintain and enhance their health and quality of life. For some of us, it’s a matter of life or death. With global spending on pharmaceutical products expected to reach $1.3 trillion in 2018, the increasing importance of generics and biologics and the globalization of pharmaceutical supply chains, preserving the efficacy of medicines through the supply chain has become a top priority. One of the most pressing concerns is being able to maintain pharmaceutical products at their recommended storage temperatures through the supply chain (which is typically temperature controlled) to ensure that products have the efficacy that the consumers require.
Many of the most life-changing pharmaceutical products in world are transported through the air. According to International Air Transport Association research, nearly 60% of temperature excursions for such “perishables and temperature sensitive products”, occur during tarmac delays.
To address the problem, DuPont™ Tyvek® developed and introduced a line of cargo cover products that leverage the unique properties of Tyvek® to provide superior protection against temperature excursions vs the incumbent “passive” offerings. Tyvek® covers are the clear choice for sustainability focused pharmaceutical companies, third party logistics providers and airlines. Tyvek® cargo covers are manufactured from recyclable high density polyethylene (HDPE) and create 85 to 99% less volume waste than the competitive, bulky, “passive” products. With pharmaceuticals valued at an average of $100M+ per pallet, the cost of a Tyvek® Cargo Cover represents an affordable investment, delivering a payback when one failure in 4,000 shipments is prevented. Tyvek® helps reduce waste, saves millions of dollars and avoids logistical headaches.
In 2015, Tyvek® sold approximately $7MM and is poised to grow further with the introduction of a next generation cover, designed for superior performance in extreme ambient conditions (-20oC to +40oC). The future is bright for additional applications of this technology, including perishables such as fruit, vegetables and flowers. While the value equation for perishables is different because the pallets are valued 10X less than those of pharmaceutical products, waste rates are markedly higher.
The benefits of this new application for Tyvek® include: Improved health outcomes by ensuring medicines maintain their efficacy, reduced medicine waste and increased availability. New applications will reduce food waste and increase shelf life – all contributing to a healthier, more sustainable world.