Challenges in Forecasting Biopharmaceutical Demand and the Value of Flexibility
By: Tom Ransohoff
Presented at: BioProcess International West. 27 Feb – 2 Mar, 2017, San Francisco, CA
This presentation reviews approaches to achieving manufacturing flexibility along with thoughts on the value of this flexibility. The challenges in forecasting future volumetric demand for biopharmaceutical products are well known. For years, we have maintained a database (bioTRAK®) designed to track public-source information relevant to the understanding of trends in supply and demand for biopharmaceutical manufacturing capacity. This presentation will highlight and describe specific assumptions that create uncertainties in forecasting future demand for biopharmaceuticals and will discuss potential strategies for addressing these uncertainties. Relatedly, one tangible result from the uncertain manufacturing capacity demand environment in which we all live is the value of flexibility in manufacturing strategies.