Circular business model for expired medications

Circular business model for expired medications
SIPOC process map generated by the ProcessHorizon web app

The Circular Business Model for expired medications demonstrates how expired medications are collected, processed, and repurposed or recycled, contributing to a more sustainable approach to medication waste management or redistribution for near-expiry medications.

Collection and inventory segregation

  • Healthcare institutions like hospitals, clinics and pharmacies collect expired medications from their facilities.
  • The medications are segregated based on type and packaging.

Reverse logistics

  • Transportation providers are engaged to collect the expired medications from the inventory.
  • The medications are transported to a centralized processing facility.

Sorting and categorization

  • At the central processing facility, the expired medications are sorted and categorized based on composition and suitability.

Recycling or repurposing

  • Medications suitable for recycling undergo a controlled and regulated recycling process.
  • Medications suitable for repurposing are evaluated for alternative uses.

Such a circular business model for expired medications could be master minded by the WHO and be implemented nationally also for redistribution of near-expiry medications on a global scale.

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