Industry Analysis & Industry Trends
The Veterinary Pharmaceutical Manufacturing industry is a relatively small segment of the general Australian pharmaceutical sector. The industry is involved in the development and manufacture of animal health products including veterinary medicines, vaccines, and other biological and medicinal feed additives. As such, it is geared towards two main segments: food producing animals (including cattle, pigs, poultry and sheep) and companion animals (including cats and dogs). In 2011-12, the industry accounted for just 4.4% of the overall pharmaceutical industry.
Over the five years through 2013-14, the performance of the industry was highly volatile as it contended with a number of external shocks... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of the Veterinary Pharmaceutical Manufacturing industry echoes in part that of the human health pharmaceutical segment reflecting the high degree of correlation between the two with a number of pharmaceutical manufacturing companies involved in both human health and animal health products. In the case of the Veterinary Pharmaceutical Manufacturing industry, 75.0% of establishment numbers are located in the three eastern seaboard states of New South Wales, Victoria and Queensland. This compares with 82.5% of all human health pharma operations. This trend also reflects the high degree of interlinkages that occur between Australia's chemical sector with pharma companies often locating close to other chemical suppliers for key raw material inputs... purchase to read more