Serialization For CDMO's: Late-Stage Customization As A Service Can Be Key Differentiator
By Barbara Michaela Schulz
Significant challenges contract manufacturing organizations (CMOs) and contract packaging organizations (CPOs) are currently facing include strong competition, high cost pressure, the general consolidation of the industry, and accelerating technological change due to digitalization. The outsourcing trend in the pharmaceutical industry continues unabated. Big pharma is currently focusing even more on scientific research and marketing. By using CMOs or CPOs, they continue to expect a variety of benefits including reduced time-to-market as well as costs and complexity in their own production and to utilize internal resources more profitably. Opportunities are also generated due to an increasing number of small and medium-sized pharmaceutical companies. They boast a growing share in approvals for new drugs, but they often lack production capacities and packaging capabilities.
Right now, many markets and regulators come with new packaging and labeling requirements. It is bound to pay off for CMOs and CPOs to be even more agile, flexible and responsive. Learn why great opportunities are opening up for those who position themselves well.
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