Activity

- Meeting Purpose To discuss UTAK Laboratories' process for determining lot availability and explore options for LabCorp's immunosuppressant control ordering. - Key Takeaways LabCorp prefers to stick with UTAK's regular stock products rather than custom materials for immunosuppressant controls UTAK is moving towards 18-month shelf life and smaller batch manufacturing to accommodate customer needs LabCorp will email UTAK for lot availability inquiries, including rough quantity estimates and current lot/expiration info Standing orders are possible but limited by LabCorp's internal 12-month cap, despite UTAK's longer expiration offerings - Topics Current Ordering Process and Challenges LabCorp uses min-max levels for inventory replenishment triggers Aim to use same lot groupings for all three levels (1, 2, 3) for 12 months Current lots have different expiration dates, complicating inventory management LabCorp's internal processes limit standing orders to 12 months, despite longer product shelf life UTAK's New Manufacturing Approach Moving towards smaller batch manufacturing Aiming for minimum 18-month shelf life on stock products Custom orders can have up to 30-month shelf life (freeze-dried) Addressing lot-to-lot variability concerns from customers Custom vs. Stock Product Considerations Custom minimum: 50 mL per level Potential for better pricing with higher volume custom orders LabCorp uses ~54 mL per level annually, plus extra for failures/validations Custom orders offer single lot, reducing lot-to-lot variability Changing to custom products would require updates to LabCorp's ERP system Future Ordering Process LabCorp to email UTAK for lot availability Include rough quantity estimate, current lot number, and expiration in inquiries UTAK to provide available lot info, including expiration dates LabCorp to calculate order quantities based on expiration alignment. -Next Steps Yvonne to place PO for Level 2 immunosuppressant control LabCorp to calculate quantity needed to align with November 2026 expiration of other levels Implement email-based lot availability inquiry process for future orders Reassess need for Levels 1 and 3 closer to their expiration (approximately 1 year from now) Consider exploring custom order options in the future if internal processes allow for longer-term planning