A new market study, titled “Discover Global Biological API Drug Manufacturing Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Biological API Drug or Active Pharmaceutical Ingredient is the part of a drug that contains the medicine for intended effects. Some drugs contain multiple active ingredients that are used for treating different symptoms in different ways. The name of the active ingredient is contained on the package of the medicine. The biological API drug manufacturing is done to furnish the direct effects of the medicine in the cure, treatment, mitigation, prevention and cure of any disease. The manufacturing process undergoes a chemical test where the API drug is tested for the needed effect.
The Biological API Drug Manufacturing is done from raw materials using many chemical compounds. The chemical compound that goes through the process of becoming an API from a raw material is called an intermediate. During this manufacturing process, it is purified until it reaches a very high degree of purity and finally processes into an API. The biological API involves the fermentation of microorganisms that are cultured in a substrate to produce a substance or vaccines and genetically modified vaccines for the prevention of diseases.
The global Biological API Drug Manufacturing market report shows the market value of the product in 2018 and forecasts the rise in demand and growth during the period between 2019 and 2026. As of 2018, 12 pharmaceutical companies and 13 NGOs along with US FDA and NIH have joined the AMP program that focuses on the development of new treatment methods for Alzheimer’s disease, type2 diabetes, autoimmune disorders, etc. The rise in the diseases in the therapeutic category will boost the innovation of biological API drug manufacturing leading to market growth.
Key Players of Global Biological API Drug Manufacturing Market =>
Major market players in the Biological API Drug Manufacturing Market are Lonza, Boehringer Ingelheim BioXcellence, Celltrion, DSM Biologics, Samsung BioLogics, Fujifilm Diosynth Biotechnologies, and Others.
The surge in the demand for biotech products and the dedicated research by the biopharmaceutical companies on chronic diseases like cancer and cardiovascular disease is fuelling the growth of the global Biological API Drug Manufacturing market.
The global API Drug Manufacturing market has been segmented based on the manufacturing type into:
- API Contract Manufacturing
- In-House Manufacturing
Here, the API contract manufacturing dominates the product market due to its extensive use of CMOs by small and medium companies.
The expression platform segment has been split into:
- Microbial fermentation
- Mammalian cell culture
On the basis of application, the global market has been classified into:
- Insulin therapies
- Interferon therapies
- Monoclonal antibody(mAb) therapies
- Growth hormones
North America, Asia-Pacific, Europe, Middle East, Africa and South America are the regional market segments. The North American region dominates the global product market during the forecast period attributing to the high presence of key manufacturing service providers in the region. The government approvals for production of biological drugs and the high investments by pharmaceutical companies in R&D is fuelling the growth of the global Biological API Drug Manufacturing market. According to the European Pharmaceutical review, in October 2018, 2/3rd of the manufacturing of API whether in development stage or after commercial launch has been outsourced, as mentioned in the market report.
Lonza, a chemical and biotechnology company, has announced a strategic partnership with DiNAQOR AG, a global gene therapy platform company, for advancing gene therapy programs for the treatment of cardiac myosin-binding protein-C cardiomyopathies which is a genetic condition that results in heart failure. Lonza will provide the preclinical, clinical and commercial production support to DiNAQOR AG
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