Good manufacturing practices and real estate
The life sciences industry’s real estate demand goes beyond the traditional office or pharma manufacturing site. The processes within the sector call for specialized real estate, e.g., labs with secure water-waste treatment, rapid air circulation and change, or reinforced floors to meet maximum vibration criteria to maintain good manufacturing practices (GMP). GMP ensures that products made for patients, for example, are produced in a consistent and controlled manner, following strict quality standards. One of the core components of GMP is premises, which includes standards a building must meet if it is to be used for research and development (R&D) or manufacturing of a pharmaceutical product, for instance. Multiple countries have adopted GMP as a core condition for companies in the life sciences industry, forcing them to find buildings that are of adequate standards to meet the premises component of GMP. In many markets, those buildings are in short supply.
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Publish date : 2024-09-03 07:00:00
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The post European life sciences real estate market first appeared on Love Europe.
Author : love-europe
Publish date : 2024-10-30 09:29:47
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