’European Pharmaceutical Technology’ magazine recently talks about the changes of the fine chemicals market conditions and market demand over the next few years. Comparing with historical data, the growing outsourcing trend coupled with the relatively strong economy is driving the fine chemicals market to a higher growth rate. However, many companies and economic experts have claimed that, although the continued growth of outsourcing is generally expected, but this growth may not reach the same high level in recent years. In addition, the regional distribution of growth will vary, so outsourcing manufacturers must determine how best to position themselves to maximize future growth opportunities.
The market of pharmaceutical fine chemicals is the same with it. The market's overall demand grows. However, the impact of patent cliff and the reform of funding for health care mean that, CAGR’s greatest potention is more likely to come from emerging markets, rather than mature markets. Although overall demand for the product is expected to continue to increase, 10-Hydroxydecanoic Acid but not all manufacturers are in a good position to maintain or increase their business levels. This reflects the pharmaceutical fine chemicals market has become increasingly fragmented, more and more to intense competition (particularly from Asia, competition). Therefore, industry experts predict that with further evolution of the pharmaceutical fine chemical company in the near future, there may be some integration of suppliers to start the scene.
Another key trend of the influence in production and development of the contracts drug is that sellers and buyers are building a true partnership. That is associated with the desire that they want to simplify and integrate the pharmaceutical industry supply chain
Innovation is the key to success.DCAT even purchases this theme throughout the summit in the activity of procurement innovation. In this changing market, we need new and creative solutions. The current trend is to market changes more quickly. Fewer new molecular entity drugs, as well as health care reform and the ‘blockbuster’ drugs gradually lose their patent protection, drug prices under pressure.
Many large pharmaceutical companies have made it clear that expanding their business in emerging markets has a strategic interest. For pharmaceutical companies from emerging markets is to promote the continued growth of its business performance is an important factor. As a result, provide generic APIs for fine chemical companies, Octylferrocene this is definitely a big opportunity. Another trend is that even if a new molecular entity drugs and medicines under patent protection, pharmaceutical companies now want to push them sooner in emerging markets. This form of pharmaceutical companies under increasing pressure as it relates to the necessary procurement and operations and marketing requirements. As a result, they need to more closely with suppliers to carry out cooperation in the drug life cycle of an earlier stage to come up innovative solutions to cope with challenging price point, and optimize complex supply chain. For pharmaceutical companies would have an interest in cooperating with a vendors, one emerging trend is that pharmaceutical companies are working with a small number of preferred suppliers. Source http://www.mhcfm.com