Industry Analysis & Industry Trends
The Veterinary Pharmaceutical Manufacturing industry is a small segment of the general Australian pharmaceutical sector. The industry develops and manufactures animal health products, including veterinary medicines, vaccines, and other biological and medicinal feed additives. The industry is geared towards two main segments: food-producing animals (including cattle, pigs, poultry and sheep) and companion animals (including cats and dogs). The industry accounts for just over 5.5% of the pharmaceutical sector.
As with other life science-related areas, the industry is facing increasingly stringent regulatory controls and associated higher compliance costs... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of the Veterinary Pharmaceutical Manufacturing industry is similar to that of the human health pharmaceutical segment, as several industry players manufacture both human health and animal health products. In the case of the Veterinary Pharmaceutical Manufacturing industry, 81.8% of enterprise numbers are located in the three eastern seaboard states of New South Wales, Victoria and Queensland. This compares with 85.0% of all human health pharmaceutical operations. This trend also reflects the linkage between pharmaceutical companies and Australia's chemical sector with pharmaceutical companies often locating close to chemical suppliers for key raw material inputs... purchase to read more