CDMO Market Trends and Dynamics - Contract Manufacturing

There are thought to be approximately 300 pharmaceutical contract development and manufacturing organizations (CDMOs) supporting the pharmaceutical industry. Despite increasing merger and acquisition (M&A) activity, the market remains highly fragmented; the top five CDMOs collectively account for just 15% of the market.

Drug developers looking to find manufacturers for their drugs then have hundreds of potential routes open to them as they try to navigate their precious molecule or product pipelines towards commercialization. Selecting a CDMO partner is made more complex when developers consider the burgeoning nature of diverse global markets, a regulatory environment in flux and the development and manufacturing trends shaping the industry.

Tom Wilson, Custom Business Leader at Pfizer CentreOne, discusses the pharma market dynamics that are driving increased interest in embedded CDMOs.

Read the full article here.