Europe to surpass the USA in biologic manufacturing capacity by 2023

29 October 2019
cphi_worldwide_big-1

The second part of this year’s CPhI Annual report, which will be released next week at CPhI Worldwide 2019 in Frankfurt, Germany, focuses on biologics, with contributions from biopharma experts Dawn Ecker, director of bioTRAK Database Services with BPTG (BioProcess Technology Group, BDO USA), and Emil Ciurczak, president of Doramaxx Consulting).

Ms Ecker forecasts the next fours years within the biologics manufacturing sector, predicting that Europe will overtake the USA with regards to possessing the world’s largest biologics manufacturing capacity. She also believes that the biologics sector could see manufacturing demand outgrow available manufacturing capacity in the short term if current biologics late-stage development – such as those to treat Alzheimer’s disease and some cancers – receive regulatory approval and financial backing sooner than expected.

In the current forecast parameters, one of the key variables that could potentially lead to greater shortfalls in available capacity would be a high rate of approvals for certain bio-drugs. Such biologics include those that are being used to treat Alzheimer’s disease and cancers, and they may achieve regulatory approval and financial backing from healthcare organisations sooner than expected, said Ms Ecker.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Today's issue

Company Spotlight





More Features in Biosimilars