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Biologics

The Future of Pharmaceutical Contract Development and Manufacturing Market

in Pharmaceutical Articles
Pharmaceutical Contract Development and Manufacturing Market

According to MarketsandMarkets, the global pharmaceutical contract development and manufacturing market is projected to reach USD 126.63 billion by 2024 from USD 90 billion in 2019, at a CAGR of 7.1% during the forecast period. Growth in this market is driven by the rising demand for generics, increasing investments in pharmaceutical R&D, and investments in advanced manufacturing technologies by CDMOs. Also, the increasing demand for biological therapies, growing focus on specialty medicines, growth in the nuclear medicines sector, and advancements…

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The Importance of Government Regulation to the Biological Storage Industry

in Pharmaceutical Articles

Modern scientific firms are involved in everything from crop variety preservation to genetic research and therapeutic medicine. One of the most important sectors to develop alongside these labs is the storage industry where biological samples are kept through the research process. These facilities keep samples off site so that the labs themselves do not have to maintain their own storage facilities. Of course, the transfer of these materials out of the hands of their owners and into the care of…

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