Logistics giants are racing to keep up with healthcare boom as GLP-1s highlight need for cold storage
In addition to requiring refrigeration, many drugs have a short shelf life and need to be delivered in precise windows of time. "A lot of the innovation has been on getting the drugs to the market," Davis said. Robinson is working to amp up its capabilities, especially to keep up with the higher volume.
- ▪In addition to requiring refrigeration, many drugs have a short shelf life and need to be delivered in precise windows of time.
- ▪"A lot of the innovation has been on getting the drugs to the market," Davis said.
- ▪Robinson is working to amp up its capabilities, especially to keep up with the higher volume.
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C.H. Robinson told CNBC the logistics company had surpassed $1 billion in revenue in healthcare logistics alone over the past year, largely due to the growth in GLP-1 drugs, as it has been investing in temperature-controlled facilities."You need to really have that end-to-end connectivity, so you've got to have a really nice network and infrastructure built out in order to properly service the healthcare customers," said Ronnie Davis, the company's vice president of North American surface transportation.Davis said the supply chain for medications has also become more complicated. In addition to requiring refrigeration, many drugs have a short shelf life and need to be delivered in precise windows of time. "A lot of the innovation has been on getting the drugs to the market," Davis said.
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