Amsterdam, 12th October 2017: CPhI Worldwide – held in Frankfurt, October 24-26 and organised by UBM – announces the findings of part i of the 5th edition of the CPhI Annual Report, which focuses on the immediate and long-term trends in pharmaceutical outsourcing. The exhibition, as the world’s largest pharma event, is a key bellwether of global trends and the industry’s overall strength. This first part of the report features the contributions of four industry experts – Gil Roth President, PBOA; Vivek Sharma, CEO at Piramal Pharma Solutions; BSV Prasad, Sr Vice President & Head, Small Molecules Business, Biocon; and Sam Tadayon, Executive Director & Dr Minzhang Chen, CEO at STA Pharmaceutical.
The overall findings reveal that the trend towards the integration of pharmaceutical outsourcing continues, with single source providers in terms of development increasingly sought. However, acquisitions in the future will not be dominated by big deals and large mergers, but rather smaller commentary services and niche technologies to fill specific technology asset gaps. Furthermore, the industry is anticipating a large increase in the use of flow chemistry and fermentation technologies – but resistance to change may slow adoption significantly. The new US Government administration, the longer-term implications of drug pricing, and big pharma income repartitions are highlighted as the key unknowns and risks for CDMO sector.
Andreas Mavrommatis, Global Marketing Director at Ubm emea: “In the last 5-years CPhI has grown its attendee base enormously, but during the same period, the event has established itself as a vital channel for industry research, analysis and trends. This year our Annual Report experts have highlighted flow chemistry, integrated CDMOs, and potential threats to outsourcing from a changing business environment. I would encourage all attendees to read a copy of the findings and also use CPhI Worldwide as a sounding board to explore how they might be able to work more efficiently, grow revenues and explore the latest development and manufacturing technologies. As well as an opportunity to meet existing customers, CPhI provides a steer on tomorrow’s developments and helps you explore the right partners to maximise the value in your business.”
For a copy of all of the articles in the CPhI Annual Report 2017 – full report released at CPhI Worldwide in Frankfurt (24-26th October 2017) – please visit our website
