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Follow on Google News | New Research Report: The Cmo Market Outlook: Emerging markets, key players and future trendsNew Pharmaceuticals market report from Business Insights: "The Cmo Market Outlook: Emerging markets, key players and future trends"
Key features of this report * Sizes the CMO market, including a breakdown of primary secondary and biomanufacturing with forecasts to 2014. * Details market drivers and resistors against the background of pharmaceutical market dynamics. * Separate forecasts to 2014 of the Chinese and Indian API and finished dose markets. * Profiles the key global players in the CMO market as well as those in China and India. * Examines key industry strategies in the context of the market trends. * Reveals trends and their effects on the future of the industry Key benefits from reading this report * Save time and money in research with the report’s up to date review and analysis of all the important trends in contract manufacturing. * Develop deeper insight into the size and growth of the global CMO industry by utilizing the report’s market forecasts. * Assess your organization’ * Identify the leading players in the CMO market, including Indian and Chinese providers. * Anticipate where the future CMOs will be placed and make your outsourcing decisions as effective and economical as possible by understanding the current and future contract manufacturing industry dynamics. Key market issues discussed 1. Cost cuts drive outsourcing: 2. Ensuring regulatory compliance: The sponsor or pharmaceutical company is ultimately responsible for the manufacturing process, whether externally or internally provided. In fact, the FDA considers contract facilities as an extension of the pharma company’s own facility. All facilities involved in the manufacturing or testing of a drug product are required to adhere to the portion of the cGMPs that apply to their operations. 3. Biomanufacturing: 4. Strategic outsourcing: 5. Globalization / Offshoring to India & China: To become the offshoring destination of choice for drug manufacturing, China and India must comply with Western manufacturing standards to ensure safe and effective drugs. It will have to enforce stronger measurements in controlling domestic suppliers of raw material as well as collaborating more closely with foreign regulatory bodies. 6. While the expanded Asian business potential and outsourcing capabilities offer greater cost-saving and revenue-growth opportunities, Western pharmaceutical companies must carefully navigate the challenges that arise from operating in these regions.Though products made in China and India offer Western pharmaceutical companies attractive price incentives, most Asian CMOs still fail to demonstrate the rigor of regulatory compliance that Western companies demand and their customers expect. Key findings from this report The contract manufacturing market was worth $22.2bn in 2009 and will reach $33.7bn by 2014. Biopharmaceutical manufacturing is the fastest growing industry segment. Sale of captive facilities, cost pressures, the rising number of products in development and the growth of the biopharmaceuticals industry are all driving the CMO market. Strategic outsourcing often entails establishing longer and deeper relationships with a limited number of providers. Many sponsors are selling their own facilities in order to reduce fixed costs. North America leads the world in biomanufacturing. Asia’s share of global biomanufacturing facilities is expected to double from 10% in 2009 to around 20% by 2013. Outsourced manufacturing is shifting from established markets in the West to emerging markets in the East. Key questions answered by this report * What will the size and growth of the global CRO market be through 2014? * Which companies are current and future key players? * What kind of business relationships will pharma companies and CMOs establish in the future? * What are the drivers and resistors of the CMO market? * What will be size and growth of the Indian and Chinese API and finished dose markets to 2014? * How are Indian and Chinese CMOs placed for the future market? * How are CMO service offerings evolving? For more information or to purchase this report, go to http://www.fastmr.com/ About Business Insights Business Insights appreciate the importance of accurate, up-to-date incisive market and company analysis and their aim therefore is to provide a single, off-the-shelf, objective source of data, analysis and market insight. Business Insights work in association with leading industry experts to produce a range of reports across a wide range of industry sectors. By working in association with so many experts they are able to provide clients with more incisive market analysis specific to the client's industry sector. No other market analysis company provides such focused and trusted market analysis, across such a wide range of industry sectors. View more research from Business Insights at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. End
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