World CMO raw material Drug production Center
Custom Synthesis ,The world’s CMO API production Centre is being diverted to developing countries: the Global CMO API market is now about $13 billion trillion, with an annual growth rate of about 7%. There are five major CMO APIs in the world: Western Europe, North America, Japan, China and India.
Western Europe is the largest production base and main export area of CMO raw material medicine, export volume accounted for about 80 of the total production, the main varieties of high value-added raw materials; North America is the main import area of CMO APIs, with its own output accounting for only 20 of total consumption; Japan’s CMO raw materials are now basically self-sufficient, It is estimated that the future will gradually become a pure importer of CMO raw materials; China and India are the rising CMO of raw-material-drug production, with exports accounting for the total output of $number.
The world CMO the production center of raw materials is being developed to the developing countries, especially in Asia, which is mainly due to the following three reasons: environmental protection, labor costs and so on, so that the cost of production in Europe and the United States in the short term is unlikely to fall through the technical breakthrough significantly ; With the development of developing countries and the continuous improvement of their quality, the ability to take on some of the low-end work of the entire production chain of international pharmaceutical companies, multinational pharmaceutical companies will focus more on high-end production and new product research.
In the course of this transfer, it is inevitable that China and India’s two developing countries compete fiercely for the world’s CMO raw drug market.http://www.haihengpharma.com/world-cmo-raw-material-drug-production-center/News