DUBLIN–(BUSINESS WIRE)–The “China Pharmaceutical Contract Manufacturing Services Market, 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
Small molecule drugs represent nearly 90% of pharmaceutical products available in the market. In fact, in 2019, the FDA’s Center for Drug Evaluation and Research approved 48 drugs, of which, 67% were small molecules. However, drug development and manufacturing is a cost intensive process, and is, at times, characterized by the need for advanced capabilities and specialized facilities, which are not possible for all developer companies to build in-house. This has compelled many of the smaller companies to outsource a significant part of their manufacturing operations to contract service providers. Pharmaceutical contract manufacturing organizations (CMOs) offer a wide range of services, ranging from process R&D, and clinical / commercial scale manufacturing of APIs, intermediates and FDFs. Some of the benefits of engaging manufacturing service providers include access to larger production capacities, cost savings and reductions in time-to-market. In this context, the advantages of outsourcing to emerging global regions, especially in Asia, are well known. A number of western drug developers have already demonstrated the preference to outsource their manufacturing operations to CMOs or CDMOs in China.
Over the past few decades, the pharmaceutical market in China has evolved into the second largest in the world; as per certain industry experts, it is estimated to surpass USD 300 billion by the end of 2020. Similarly, the contract manufacturing market in the region has also grown into a prominent and promising segment of the pharmaceutical industry. The relatively lower manufacturing costs, availability of cheap and skilled labor, and a supportive regulatory landscape, have led to the establishment of various pharmaceutical manufacturing facilities in China by both Chinese and non-China based service providers. The number of FDA approved API manufacturing facilities in the region has doubled during the period 2010-2019. In fact, as of October 2019, 13% of FDA approved pharmaceutical manufacturing facilities are situated in China. These service providers are focused on investing in the development of the necessary capabilities and capacity to stay ahead of the competition in this field.
The changing supply chain scenario due to the recent COVID-19 outbreak is likely to have a prominent impact on the global contract manufacturing industry, including China, in the short term. Having said that, the steps being taken by the pharma players and contract manufacturers are likely to help stakeholders absorb this impact. As pharma companies resume full-scale operation after the coronavirus outbreak, the demand for large-scale contract manufacturing is expected to increase significantly.
This report report features an extensive study of the current market landscape and future opportunities associated with the pharmaceutical contract manufacturing market in China. The study also features a detailed analysis, highlighting the capabilities of pharmaceutical CMOs in this region.
Key report features:
Key Topics Covered:
1. PREFACE
2. EXECUTIVE SUMMARY
3. INTRODUCTION
4. CASE STUDY: COMPARISON OF SMALL MOLECULES AND LARGE MOLECULES
5. MARKET OVERVIEW
6. MANUFACTURING FACILITIES OF PHARMACEUTICAL CMOs IN CHINA
7. PHARMACEUTICAL MANUFACTURING REGULATIONS IN CHINA
8. COMPANY PROFILES
8.1. Chapter Overview
8.2. 2Y-Chem
8.3. Aurisco Pharmaceutical
8.4. ChemPartner
8.5. Dorrapharma
8.6. Hubei Biocause Pharmaceutical
8.7. Infoark
8.8. Ningbo Menovo Pharmaceutical
8.9. Shandong Xinhua Pharmaceutical
8.10. Shanghai Acebright Pharmaceuticals
8.11. STA Pharmaceutical
8.12. Zhejiang Huahai Pharmaceutical
9. BIG PHARMA INITIATIVES IN CHINA
10. CASE STUDY: RECENT PARTNERSHIP TRENDS
11. CAPACITY ANALYSIS
12. SWOT ANALYSIS
13. MARKET FORECAST
14. CASE STUDY: IMPACT OF CORONAVIRUS OUTBREAK
15. CONCLUSION
For more information about this report visit https://www.researchandmarkets.com/r/onulb3
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