Industry Analysis & Industry Trends
The Pharmaceutical Product Manufacturing industry is dominated by major global pharmaceutical groups, although only a small number are engaged in local manufacture of active pharmaceutical ingredients. An increasing number of firms are limiting their Australian activity to the later stages of the manufacturing process, including dispensing, packaging and the fill-and-finish stage. A large number of players also restrict their Australian activities to purely distribution.
As with those in the global pharmaceutical industry, domestic players are currently contending with the fallout of the patent cliff. Since 2011, some of the world's highest selling drugs have lost patent protection... purchase to read more
Industry Report - Industry Products Chapter
Industry operators produce pharmaceutical products for human use. These can be split into two main product segments: prescription pharmaceuticals (patented and generic) and over-the-counter (OTC) pharmaceuticals.
Prescription pharmaceuticals are by far the largest product segment and include products that can only be obtained with a medical practitioner's prescription, or in hospitals. These pharmaceuticals include branded products, which are the first commercially available version of the drug and usually subject to patent; and generic products, which are chemically equivalent to a branded, out-of-patent product and may be sold under a trade name or chemical name... purchase to read more