Pharmaceuticals
Bridging Gaps in Healthcare with Reliable Branded and Generic Pharmaceuticals
Generic drugs are vital for healthcare systems - saving costs - but face increasing challenges in maintaining supply at low margins.
At Caragen, we seek to identify poorly served markets and focus on ensuring reliable access to authorised solutions to those gaps.
Our mission goes beyond meeting demand; we strive to deliver consistent, high-quality generics that enable healthcare systems to offer affordable care without compromise.
In 2023, 80% of all prescriptions dispensed in Ireland were filled with a generic drug. However, those prescriptions only accounted for a fraction of total drug costs. Generic manufacturers function in a vastly different market from branded companies, where the supply chain captures more than 60% of all revenue on generics. In contrast, manufacturers in the brand market retain more than 75% of revenue.
At Caragen, we use best efforts to ensure continuity of supply, actively seek to resolve poorly served markets and license critical products previously only available as exempt medicinal products.
FUTURE TECH - Supporting the evolving needs of modern healthcare.
At Caragen, we're dedicated to providing healthcare professionals with reliable solutions that enhance patient care and streamline hospital operations.
In busy, high-pressure clinical environments, accuracy and efficiency are critical, especially when it comes to preparing medicines. Errors, contamination, and delays in compounding can have serious consequences, placing additional strain on hospital staff and resources. As hospitals continue to embrace cutting-edge automation and digital solutions, the future of medicine preparation lies in smart, data-driven technology that improves safety, accuracy, and workflow efficiency.
That’s why we collaborate with Kiro Grifols, a leader in automated pharmaceutical preparation, to offer advanced technologies like KIRO Oncology and KIRO Fill. These systems help hospitals and healthcare providers reduce risk, enhance traceability, and ensure reliable medicine preparation, supporting the evolving needs of modern healthcare.
KIRO Oncology
KIRO Oncology automates the complex process of preparing oncology medicines, which require precise and accurate dosing.
The system uses advanced technology like gravimetric measurements, barcode readers, and real-time cameras to ensure accuracy and eliminate the risk of human error. It also provides a fully enclosed, self-cleaning environment that protects hospital staff from exposure to hazardous drugs, making it a vital tool for oncology departments.
KIRO Fill
KIRO Fill focuses on the preparation of non-hazardous sterile medicines.
It automates key processes like filling, capping, and labelling, reducing the likelihood of human error and ensuring consistency across large volumes of preparations. This system is designed to fit seamlessly into busy hospital pharmacies, increasing productivity while maintaining the highest standards of safety and quality control.
KIRO Link
KIRO Link is the system that connects all Kiro devices, enabling them to communicate and share data in real time.
By linking KIRO Oncology and KIRO Fill to hospital information systems (HIS), KIRO Link ensures that every step of the pharmaceutical preparation process is tracked, recorded, and accessible for review. This integration helps hospitals maintain compliance, improve traceability, and streamline audits, making it easier to manage inventory and reduce the risk of errors.