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Pharmaceutical Contract Development And Manufacturing Organization (CMO) Market 2020 Worldwide Industry Size, Share, Gross Margin, Trend, Future Analysis by Top Leading Player : Recipharm AB, Pfizer Inc., Boehringer Ingelheim International GmbH.
Pharmaceutical Contract Development And Manufacturing Organization (CMO)
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Top companies operating in the Global Pharmaceutical Contract Development And Manufacturing Organization (CMO) market profiled in the report are: Recipharm AB, Pfizer Inc., Boehringer Ingelheim International GmbH., Aenova Group, Famar, Jubilant Life Sciences Limited, Catalent Pharma Solutions, Chemicals Limited, Dishman Pharmaceuticals and HAUPT Pharma AG.
Global Industry News:
CDMO Recipharm Acquires CDMO Lusomedicamenta, Gains Access To New Markets[November 20, 2014]
Recipharm has acquired Lusomedicamenta Sociedade Técnica Farmacêutica, a contract development and manufacturing organization (CDMO), based in Lisbon, Portugal. The move, announced in a press release, gives CDMO Recipharm access to Lusomedicamenta's clients in the development and manufacturing of solid, liquid, and semi-solid dose forms, and sterile ophthalmic products. Lusomedicamenta has two sites near Lisbon and a new dedicated facility for the production of effervescent tablets. Thomas Eldered, CEO of Recipharm, said, "The new customer base combined with significant IP backed sales in Portugal provides us with many new exciting opportunities."
Recipharm and Lusomedicamenta Agreement
Recipharm's acquisition of Lusomedicamenta gives it increased scale and profitability, access to the Portuguese market, and new ophthalmics capabilities. The deal also adds to Recipharm's Intellectual Property (IP) base, as 30 percent of Lusomedicamenta's business is backed by IP rights. Recipharm has agreed to leave the existing management in place. The two companies have agreed to a transaction valued at EUR 111 million; 67 million was paid in cash and the rest in stock shares. The parties have additional financial structures relating to stock and cash.
The global pharmaceutical contract development and manufacturing market is expected to decline from $99.8 billion in 2019 to $93 billion in 2020 at a compound annual growth rate (CAGR) of -7%. The decline is mainly due to the focus on Covid-19 outbreak and its treatment across the globe, and disruption in the supply chain owing to geographical trade barriers affecting the supply of APIs and raw materials for drug manufacturing. Sponsors contracting CMOs are pausing the drug development activities due to Covid19 or restructuring the current drug development plans. The market is then expected to recover and reach $128.4 billion in 2023 at a CAGR of 6.5%.
Global Pharmaceutical Contract Development And Manufacturing Organization (CMO) Market Split by Product Type and Applications:
Market Segment by Type, covers:
Active Pharmaceutical Ingredient (API) Manufacturing
Finished Dosage Formulation (FDF) Development & Manufacturing
Regional Analysis For Pharmaceutical Contract Development And Manufacturing Organization (CMO) Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Influence of the Pharmaceutical Contract Development And Manufacturing Organization (CMO) Market Report:
-Comprehensive assessment of all opportunities and risk in the Pharmaceutical Contract Development And Manufacturing Organization (CMO) market.
-Pharmaceutical Contract Development And Manufacturing Organization (CMO) market recent innovations and major events.
-Detailed study of business strategies for growth of the Pharmaceutical Contract Development And Manufacturing Organization (CMO) market-leading players.
-Conclusive study about the growth plot of Pharmaceutical Contract Development And Manufacturing Organization (CMO) market for forthcoming years.
-In-depth understanding of Pharmaceutical Contract Development And Manufacturing Organization (CMO) market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Pharmaceutical Contract Development And Manufacturing Organization (CMO) market.
Furthermore, this study will help our clients solve the following issues:
o Cyclical dynamics-We foresee dynamics of industries by using core analytical and unconventional market research approaches. Our clients use insights provided by us to maneuver themselves through market uncertainties and disruptions.
o Identifying key cannibalizes- Strong substitute of a product or service is the most prominent threat. Our clients can identify key cannibalizes of a market, by procuring our research. This helps them in aligning their new product development/launch strategies in advance.
o Spotting emerging trends-Our Ecosystem offering helps client to spot upcoming hot market trends. We also track possible impact and disruptions which a market would witness by a particular emerging trend. Our proactive analysis help clients to have early mover advantage.
o Interrelated opportunities- This report will allow clients to make decisions based on data, thereby increasing the chances that the strategies will perform better if not best in real world.
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