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Production & Manufacturing

UNDBIO to Build $100M Insulin Manufacturing Facility in West Virginia

UNDBIO, a South Korean pharmaceutical company focused on diabetic care, will spendย $100 million to build an insulin manufacturing facility in West Virginia. The project is expected to create 200 new jobs in the first three years, according to an April...

Lonza’s API Mid-Scale Manufacturing Facility Expansion in Nansha Enters Commercial Operation

Lonza announces the start of new mid-scale manufacturing assets at its API manufacturing center in Nansha, China. Commercial mid-scale operations are now underway at the expanded manufacturing facility, which was part of a CHF 20 million investment announced in...

How ‘First-Time Right’ Formulations Can Help Address the Challenge of Affordable Medicines

For years, global healthcare systems have been facing the triple threat of rising incidences of long-term conditions (LTC), aging populations and dwindling resources. At the same time, we have seen worldwide calls for affordable medicines โ€“ from the Jan...

By 2030, OSD Contract Manufacturing Will Be $54.7 Billion

The global oral solid dosage (OSD) contract manufacturing market is anticipated to reach $54.7 billion in value by 2030, exhibiting a compound annual growth rate (CAGR) of 6%, according to a market analysis. As per data, oral solids are the...

By 2026, Pharma Contract Manufacturing To Be Worth $130bn

The global pharmaceutical contract manufacturing market is anticipated to reach $130.2 billion by 2026 as a result of increasing demand for pharmaceuticals, particularly in developing economies. In 2020, the market was estimated to be worth $100 billion. Market research indicates...

Leanings In The Biopharma Contract Manufacturing For 2022

A recent survey found that 86.9% of biopharmaceutical businesses outsource at least a portion of their operations, which has contributed to the $14 billion market for biopharmaceutical contract manufacturing. Over the next ten years, the investigators predict a very bright...

FTC Aims Manufacturer, PBM Rebates For Rising Insulin Costs

Bribes and rebate arrangements involving drugmakers and pharma middlemen are all being investigated by US regulators, with a particular focus on rising insulin prices. The Federal Trade Commission (FTC) announced recently that it would step up enforcement against practises...

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