Pharmaceutical CDMO Market Size, Trends, Growth (2021- 31)

Posted by pooja on August 3rd, 2022

The demand within the global market for pharmaceutical CDMO services has been rising on account of the need develop safe and effective drugs for the treatment of multiple diseases and disorders. Contract Development and Manufacturing Organisations (CDMO) are offshoots of the pharmaceutical industry that help pharmaceutical companies in manufacturing, research, and development of drugs and other pharmaceutical products.

The demand within the global market for pharmaceutical CDMO services has been rising on account of the need to minimize production costs within the pharmaceutical industry. There have been several cases of demand-supply deficit in the pharmaceutical industry of various regions, and there is a dire need to match the supply of drugs to the demand within the market.

Some of the key players in the global market for pharmaceutical CDMO services are AMRI Global, Recipharm AB, Patheon N.V., Catalent, Inc., Aenova Group, Amatsigroup, Strides Pharma Science Limited, WuXi AppTec Group, Piramal Pharma Solutions, and Siegfried Ltd.

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pooja
Joined: July 27th, 2022
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