According to a recent industry report, more than 75% of biologics are administered either subcutaneously or intramuscularly via a form of drug delivery technology, and with the continuous surge of biologics in biopharma company pipelines worldwide, the drug delivery technologies market is anticipated to grow to over $224bn in the next few years.
Within this, self-injection devices such as auto injectors and pen injectors have quickly become one of the most preferred technologies due to benefits such as ease-of-use, safety (from needle-stick injuries), efficacy, patient compliance, and more.
As one of the world’s leaders in the design, development and manufacturing of auto injectors and pen injectors, SHL continues to connect with various biopharmaceutical companies and potential partners at different key events to in order to share information about new devices and technologies, as well as learn more about market trends and the related needs of end-users.
One of the first events SHL will be attending in 2014 will be the 18th Annual Drug Delivery Partnership in Boca Raton, Florida, a location very close to SHL’s newest final assembly facility. DDP will take place from 27-29 January.
Aside from key SHL staff attending, SHL’s Global Marketing Director Steven Kaufman will be one of the guest speakers speaking on 28 January at 2pm and he will also join a panel discussion on drug delivery shortly afterwards.
Commenting on the event, Kaufman stated: "As a company that has been designing, developing and manufacturing auto injectors and pen injectors for many years, we have witnessed the incredible growth and the changing demands of this drug delivery device market, requiring us to adapt and grow along with it.
"While we have introduced several breakthrough devices such as the DAI (Disposable Auto Injector) and Molly Auto Injector that are now often used as industry benchmarks, we recognise that it is paramount we continue to innovate and connect with industry leaders to partner with, and I believe that this event will provide us with an ideal stage to do so.
"We are extremely excited as this will be our first time attending this prestigious event and we look forward to the various sessions held by some of the industry’s most respected experts."
A special podcast held by Drug Delivery Partnerships interviewing SHL’s Mr. Kaufman will be available online soon.