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Report: strong potential for biopharma CM

Contract manufacturing of biopharmaceuticals has moved beyond being a function of available capacity and cost to a strategic option offering flexibility, quicker time to market, and lower scale-up costs.

The market will continue to witness double-digit growth, with demand largely driven by first-generation products such as Rh protein therapeutics and monoclonal antibodies targeted for cancer treatment.

So says Frost & Sullivan in a new report called “Global Biopharmaceutical Contract Manufacturing Markets” (www.pharmaceutical.frost.com). The report finds that the markets earned revenues of $2.45 billion in 2007. They are estimated to grow to $6.48 billion by 2014.

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