Adopting strategies of the Manufacturers developing of mergers and acquisitions the Sterile Injectables Market

Injectables are a compounded medication containing sterile drug with therapeutic actions, which is administered in the body through intravenous (IV) route of administration with the help of needles and syringes. These sterile injectables are made up of small and large molecules (biologics). An injectable is a compounded medication to be administered into the body via a needle and syringe by several route of administration such as Intravascular (IV), Subcutaneous (SC), Intramuscular (IM), and others.

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Dr Reddy’s Laboratories Ltd launched Neostigmine Methylsulfate Injection in the U.S., a generic version of the Bloxiverz (Neostigmine Methylsulfate) injection. Moreover, in July 2016, Claris Lifescience Ltd., a sterile injectables company received the Abbreviated New Drug Application (ANDA) approval in U.S. for Tobramycin Injection USP, 80mg/2ml, and 1200mg/30ml multiple dose vials. Increasing demand for sterile injectables has motivated manufacturers to expand their portfolio of sterile injectables by opening new manufacturing facilities.

Mapi Pharma Ltd., an integrated, late-stage clinical development biopharmaceutical company entered a lease agreement at the Har-Hotzvim Hi-Tech Park in Jerusalem for establishing a new sterile production plant for Glatiramer Acetate (GA) depot long action injectable.

For instance, in July 2017, Baxter International Inc., a global medical product company, acquired Claris injectables Ltd., a wholly owned subsidiary of Claris Lifesciences Ltd, a global generic injectables pharmaceutical company. Through this acquisition, both Baxter and Claris Injectables will provide access to low-cost generic injectables which will help Baxter to meet the unmet needs of healthcare providers and patients around the world.

Moreover, in July 2019, Civica Rx, a hospital-owned nonprofit generic drug company entered a five-year agreement with Hikma Pharmaceuticals to manufacture and supply 14 sterile injectables medications. These 14 sterile injectables include general injectables used by hospitals and in emergency care, or used in surgery, pain management, and to treat hypertension.

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Major Market Competitors: Baxter International Inc., AstraZeneca plc, Merck & Co., Inc, Novartis AG, Johnson & Johnson Services, Inc., Gilead Sciences, Inc., JHP Pharmaceuticals, Pfizer Inc., Fresenius Kabi Ag, CordenPharma, and Hikma Pharmaceuticals PLC.

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