On Economic Aspects of Engineering and Automatization in the Pharmaceutical Industry

Abstract

The objective of the study is to reveal the parameters and key aspects of engineering and automatization processes; also to propose recommendations on the pharmaceutical industry’s development perspective. The main goal of the study is to emphasize the complexity of this industry and the need of taking into consideration the specifics of the medicines’ production before applying the templates inherent to other industries. The methods used include comparison, internet research, secondary data analysis; archival study; working with literature; formulation of hypothesis, and graphical representation. The key results of the research are: 1) the parameters and the conditions of automatization and an engineering application are determined; 2) the approach to automatization and engineering is provided; 3) the wrong templates for bringing about innovations are revealed. The result of the study shows that the core of development lies in in ability of decision-making, not technological advancements.