Market Report

Global pharmaceutical manufacturing companies  are facing extensive cost containment pressures, owing to global economic recession, and in addition increasing competition has compelled them to focus more on R&D, outsource manufacturing of drugs to contract manufacturers, and focus on their core business processes. Globally, development of latest and advance technology, rise in the demand for generic drugs, increasing government initiative across the globe, growing costing issues owing to global economic constraints, and increase in demand & supply gap of pharmaceutical products, due to rapidly rising population are the prime growth drivers of global pharmaceutical contract manufacturing market . In addition, increase in adoption of pharmaceutical contract manufacturing among pharmaceutical companies, owing to need for cost minimization, and emerging economies such as China, India and others, will create new opportunities for global pharmaceutical contract manufacturing mark...