Report finds strong growth in pharmaceutical intermediates sector
A new report from Future Market Insights finds that global sales of pharmaceutical intermediates reached $26 billion in 2018, and is likely to grow by 3.6% this year.
Over 70% of the pharmaceutical intermediates consumed were generic, with only a moderate demand growth outlook forecast for branded pharmaceutical intermediates.
The report brings to the forefront the key importance of contract research organizations (CRO) and contract manufacturing organizations (CMO) in the modern market for pharmaceuticals.
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