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The critical role of the generics sector during the pandemic

pharmaphorum

During this time, the role and responsibility of generics suppliers and manufacturers has been brought into stark perspective as one of the leading contributors in this industry-wide effort. The pandemic has further highlighted how research is not strictly limited to large, “innovator” pharmaceutical companies.

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Halting Europe’s essential medicines manufacturing exodus

European Pharmaceutical Review

There is now a large regional concentration in the production of generic APIs in Asia with 66 percent of the world’s API production by volume manufactured in India and China. This left pharmaceutical companies in Europe with no European API supply source, and only a few suppliers in Asia.

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What a mild recession could mean for small biotechs in 2023

Pharmaceutical Technology

This economic change impacts employment, income, industrial production, and more, and the pharmaceutical industry will not be exempt. While larger, more established pharmaceutical companies may have the infrastructure and financial cushion to fall back on, SMEs need to tread carefully through these economic challenges.