- Biopharma News
CPhI Trend Report - CDMO Opportunities in the Chinese MarketGareth Carpenter — 30 Jul 2021
Opportunities for contract development and manufacturing organisations (CDMOs) in China continue to grow but many questions remain over what the future of the sector will look like in the world's second largest pharmaceutical market.
At present, there are three main areas driving CDMO opportunities in China: the recent rapid transformation of the country's healthcare sector, recent changes to its Drug Administration Law, and Chinese pharma companies' desire to tap into international markets.
CDMOs can be the logical bridge to this aspiration, given their expertise and experience in bringing products to the global market, where prices are often much more attractive than those in the Chinese domestic market.
Change is afoot in China, and via interviews with industry experts from BioPlan Associates, Biovane, Lonza and Vetter, this CPhI Trend Report seeks to explain how recent regulatory reform has impacted the pharmaceutical and biopharmaceutical outsourcing sector in the country and whether the government’s newfound emphasis on innovative products will transform how CDMOs are perceived in this complex but potentially lucrative market.
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