Industry Analysis & Industry Trends
The Pharmaceutical Product Manufacturing industry is an important component of the pharmaceutical sector. The major global pharmaceutical groups dominate the local industry, although only a small number are engaged in actives manufacturing (i.e. active pharmaceutical ingredients). An increasing number of firms are limiting their Australian involvement to the later stages of the manufacturing process, such as dispensing, packaging and the fill-and-finish stage. A large number of players also restrict their Australian activities to distribution.
As with the global pharmaceutical industry, the local industry is currently contending with the fallout effects associated with the patent cliff... purchase to read more
Industry Report - Industry Key Buyers Chapter
Industry concentration measures the extent to which a few players dominate an industry. Over the past two decades there has been a marked increase in the level of concentration in the global pharmaceutical industry, as major players have continued to merge, driven by the escalating costs of research and development, shorter exclusivity times and the need for global marketing power. The number of major players is expected to continue its downward trend in the immediate to medium-term future. Moreover with the entry of smaller specialty and biotech pharmaceutical players and the emergence of biotech blockbuster drugs, the major traditional players are in fact losing share as the former gradually gain ground... purchase to read more