High biologics demand spurs need for greater contract manufacturing
Pharmaceutical Technology
APRIL 24, 2023
Demand for biologics, including vaccines, is at an all-time high, in the post-Covid era. Biologics are costly to produce and sell, and the more recent modalities, such as cell and gene therapies, can be difficult to manufacture. GlobalData forecasts Biologics to significantly overtake sales of small molecules by $120 billion by 2027.
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