Pharma Outsourcing Trends from an Informa Markets Perspective: https://lnkd.in/eEeDsejM? The looming expiry of patents are also driving pharmaceutical companies to invest in drug pipelines. This demand thus forces pharmaceutical outsourcing vendors to search for ways to remain competitive. The priority for contract organisations is still speed and cost – emphasis is placed on flexible operations, increased efficiency with continuous manufacturing and digitalization of processes, supply chain resiliency, and end-to-end ‘one-stop shop’ services to cover the whole value chain for their customers. Because of supply chain disruptions of the last few years, pharmaceutical companies are now reserving and even double-booking considerable partnerships with contract manufacturers. AstraZeneca, Moderna, and Pfizer have all penned partnerships with multiple CDMOs including Lonza, Catalent, and Emergent Biosolutions. CDMOs are now adjusting their business models through internal investments and strategic M&A initiatives to keep up with demand for expanded services from multiple customers. Plants are expanding – Cambrex and Samsung Biologics have all announced or started major expansions of manufacturing plants.
Thanks to Adam Andersen Vivian Xie Informa Markets #cdmo #pharmamanufacturing #cmoinsights #biopharmaceuticals
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