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 secondary or actives manufacturing (i.e. active pharmaceutical ingredients). An increasing number are involved in 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 activities in Australia to distribution.
Industry revenue is expected to grow by a meagre 0.8% over 2013-14, as various internal and external factors take their toll. IBISWorld forecasts that the industry will generate revenue of $9.9 billion in 2013-14, up from $9.0 billion in 2008-09... purchase to read more
Industry Report - Industry Locations Chapter
While industry locations are present in all states (but not territories), industry activity is concentrated in Sydney and Melbourne where the majority of multinational companies have chosen to locate to take advantage of the infrastructure provided and market size (as defined by socioeconomic and demographic variables). As at June 2012, Victoria and New South Wales accounted for two-thirds of all business locations. Similar proportions are expected to hold in 2013-14... purchase to read more