Piramal Pharma Solutions Blog

Piramal Pharma Solutions Blog

Our Facility Expanding With The Market

Posted on Jan 12, 2017 10:53:36 AM by Kellie McDermott in sterile manufacturing, in manufacturing, in expansion, in lexington

According to recent trends in the market, the global contract pharmaceutical manufacturing industry is increasing at an average annual rate of 7.5% and is predicted to reach $79.24 billion in revenue by the year 2019. The market research firm, Visiongain, also expects a strong expansion in revenue for these companies to continue through 2025. Some key drivers in this growth include a growing demand for treatments based on highly potent active pharmaceutical ingredients (API) and regenerative medicines.

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