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Isotope-Labeled Excipients Market Estimated to Experience a Hike in Growth by 2024

08-25-2017 11:29 AM CET | Health & Medicine

Press release from: Persistence Market Research

Isotope-Labeled Excipients Market Estimated to Experience

Isotope-labeled excipients market is undergoing a tremendous transformation with the ever changing regulatory scenario. In U.S., an amendment in the US Prescription Drug Marketing Act of 1987 (PDMA) states that wholesalers have to provide records before each wholesale distribution of prescription drugs. Such steps will regulate the healthcare system and strengthen the isotope-labeled excipients market. Anti-counterfeit technology utilizing isotope-labeled excipients possess a high level of security, high product applications, authentication, proven quality standards, easily identifiable, and legally compliant.

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Isotope-Labeled Excipients Market is primarily driven by a few key factors such as the substances being pharmacologically inactive, toxicologically inert which is in compliance with the U.S. Food & Drug Administration regulations. In addition to this, the isotope-labeled excipients market also observes significant growth due to the non-radioactive nature which is safe for humans.

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The isotope-labeled excipients market is well regulated by various government agencies. Isotope-labeled excipients market gains a significant drive from applications such as each batch of drug products can be differentiated with varying amount of isotopes which further assists in batch-specific identity. Isotope-labeled excipients market will also strengthen the packaging industry as pharmaceutical companies are moving towards innovative packaging technologies for product differentiation.

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In the past decade, the isotope-labeled excipients market has witnessed a massive influx of players. Some of the major players operating in the Isotope-Labeled Excipients Market are Molecular Isotope Technologies LLC, Cambridge Isotope Laboratories, Inc., CIL Isotope Separations, LLC, Membrane Receptor Technologies, LLC, Marshall Isotopes Ltd., CortecNet, Medical Isotopes, Inc. and many others. Isotope-Labeled Excipients Market has presence of many regional players which have a huge market share in emerging countries.

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