Global biologics CDMO market is predicted to increase at a 14-16% rate over the next five years.
The outsourcing of biologics development and manufacturing services across the product lifecycle would be driven by the expansion in biopharmaceutical sales and pipeline as well as the complexity of molecules. Additionally, the rising number of molecules (recombinant proteins and antibodies) in the pipeline being developed by small and virtual biotechs (>60%) who lack in-house manufacturing […]
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