Superior Quality,
Competitive Advantage
At Acknown Pharma, we specialize in sourcing pharmaceutical raw materials, APIs, and finished dosage forms that align perfectly with your production and market goals. Our strategic sourcing approach combines rigorous quality assurance, competitive pricing, and comprehensive compliance management, empowering your business with reliable, cost-effective solutions that ensure sustained operational excellence.
Raw Material & API Sourcing
Reliable, Compliant, Cost-Effective
Sourcing high-quality Active Pharmaceutical Ingredients (APIs) and raw materials is crucial for pharmaceutical success. Acknown Pharma delivers meticulously vetted APIs and raw materials that meet the highest standards, ensuring consistency, compliance, and cost-efficiency at every stage of your manufacturing process.
- Right Price: Leverage our robust global network and in-depth market analysis to secure competitive pricing for APIs and raw materials. We use strategic procurement practices, including benchmarking and price negotiation, ensuring you achieve significant cost savings without compromising quality.
- GMP Standards: We meticulously assess and partner exclusively with suppliers adhering strictly to Good Manufacturing Practices (GMP). Regular audits and stringent supplier evaluations guarantee that your sourced materials meet international quality and compliance standards, safeguarding your products and your brand.
- Accurate Documentation: Our comprehensive documentation management ensures complete traceability and transparency for every batch of raw material and API sourced. We maintain precise documentation, including regulatory filings, quality assurance certificates, and compliance records, streamlining regulatory processes and minimizing risk.
Finished Dosage Form
Precision Sourcing for Market-Ready Success
Acknown Pharma offers strategic sourcing of finished dosage forms tailored to your exact market requirements. Our comprehensive approach ensures your products not only comply with stringent regulatory guidelines but also effectively meet market demands, maximizing your competitive advantage.
- Product Selection (Right Product, Right Price, Right MOQ): We meticulously align your product sourcing strategy with your business goals, ensuring the perfect match of product quality, competitive pricing, and minimum order quantities (MOQs). Our strategic approach guarantees operational efficiency and profitability.
- Detailed IP Analysis: Safeguard your intellectual property through our exhaustive IP analysis process. We evaluate every finished dosage form for potential IP risks and ensure complete freedom-to-operate, protecting your business from infringement risks and ensuring secure market entry.
- Dossier Timelines: Accelerate your market entry with our strategic dossier management services. Our dedicated experts ensure precise, timely submission and comprehensive tracking of dossier timelines, minimizing delays and streamlining your regulatory processes.
- RLD Selection & BA/BE Center Coordination: Optimize your bioequivalence (BE) and bioavailability (BA) studies with strategic Reference Listed Drug (RLD) selection and efficient coordination with accredited BA/BE centers. Our expert management reduces time-to-market and guarantees regulatory compliance and accuracy.
- GMP Certification Verification: We rigorously verify GMP certifications and compliance credentials of all sourced finished dosage forms. This thorough vetting process ensures that each product meets international regulatory standards and consistently maintains the highest quality standards.
Frequently Asked Questions for Sourcing
What is strategic sourcing?
Strategic sourcing is a systematic approach to procuring goods and services that focuses on building long-term partnerships with suppliers to achieve organizational goals. Strategic sourcing aims to optimize the supply chain, reduce total costs, and drive innovation by creating mutually beneficial relationships with suppliers. It is often seen as essential for maintaining competitiveness and ensuring resilience in today’s global market.
How do you select suppliers?
Supplier selection is typically a multi-step process designed to identify partners who can meet quality standards, pricing, capacity, reliability, and compliance with industry-specific regulations.
How can sourcing services help reduce costs?
By finding cost-effective suppliers, negotiating favorable terms, and streamlining procurement processes, we help clients reduce their overall sourcing and procurement costs by enabling organizations to negotiate competitive pricing and ensure that prices remain aligned with market trends.
How do you manage sourcing risks?
We proactively identify potential risks—including supply chain disruptions, quality inconsistencies, and price volatility—and implement tailored strategies to mitigate or prevent these challenges. Through robust contract management, ongoing monitoring, and supplier diversification, we reduce the impact of disruptions from any single supplier or region, safeguarding continuity and minimizing potential losses.
How long does the sourcing process take?
The timeline for the sourcing process may vary depending on factors such as product complexity, industry requirements, regulatory requirements, and geographic considerations. Nevertheless, we strive to operate efficiently to meet your needs as promptly as possible.
What is strategic sourcing, and how is it different from traditional sourcing?
Strategic sourcing is a systematic and proactive approach to procurement that focuses on long-term supplier relationships and overall value rather than just short-term cost savings. It involves analyzing an organization’s purchasing needs, evaluating supplier capabilities, and aligning procurement strategies with business goals to enhance efficiency, innovation, and quality. In contrast, traditional sourcing is typically more transactional and reactive, often emphasizing immediate cost reduction without a comprehensive analysis of supplier performance or long-term implications.
Do you provide third-party negotiation?
Yes, we provide third-party negotiation services to help clients secure advantageous terms and conditions with suppliers and vendors, ensuring alignment with your business objectives. Our team has expertise in negotiation strategies and supplier management, which enables us to advocate for your needs effectively. Whether it’s pricing, delivery schedules, or quality standards, we work to ensure that you achieve the best possible agreements while maintaining strong supplier relationships.
What factors should be considered when sourcing APIs?
When sourcing Active Pharmaceutical Ingredients (APIs), key factors to consider include the supplier’s regulatory compliance, quality assurance practices, and consistency of supply. It’s important to evaluate their industry reputation, production stability, and capacity to meet demand, along with cost, delivery timelines, and commitment to sustainability and ethical practices to ensure a reliable sourcing strategy.