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New Report Sees CMO Growth

Injectables to lead the way, Asia to emerge as solid dosage destination?

By: Gil Roth

President, Pharma & Biopharma Outsourcing Association

A new research analysis from Frost & Sullivan, Global Pharmaceutical Contract Manufacturing Market, contends that CMOs earned revenue of $13.4 billion in 2012 and projects that the industry will reach $18.5 billion in 2017, an compound annual growth rate of 5.5%. The report covers solid dose, liquid and semi-solid dose, and injectable dose formulations. According to F&S, cost benefits and pharma companies’ desire to focus on their core competencies has created an increasing need f...

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