What are the major challenges in the pharmaceutical industry? The pharmaceutical industry faces several challenges, including high research and development costs, regulatory compliance, supply chain disruptions, and market competition. Developing new drugs requires extensive investment and time, with no guarantee of success. Strict regulatory requirements add complexity, delaying product approvals and increasing costs. Global supply chain issues, such as raw material shortages and logistical constraints, further impact production and distribution. Additionally, growing competition and pricing pressures make it difficult for companies to maintain profitability while ensuring affordable medications for patients. For home care providers like 4EverCare UK, overcoming these challenges is crucial to ensuring timely access to essential medications, enabling high-quality and uninterrupted patient care at home. Learn more at https://4evercareuk.co.uk/.