Pharmaceutical contract manufacturing facing growth slowdown: Report ...Middle East

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Pharmaceutical contract manufacturing facing growth slowdown: Report
New Delhi, Nov 26 (IANS) Contract manufacturing revenues in the pharmaceutical finished dose sector witnessed a significant slowdown over the past financial year, according to a report on Tuesday. Pharmaceutical contract manufacturing is when a company hires a third-party to produce drugs for them. The report by GlobalData, a data and analytics company, showed that challenging market conditions, driven by drug pricing pressures, regulatory shifts, and geopolitical tensions, have reshaped the landscape. This offers both hurdles and opportunities for contract manufacturing organizations (CMOs) to adapt and innovate amidst global generic shortages, reveals the report. It showed that the slowdow

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