Advantages of Pharmaceutical Contract Manufacturing

Contract manufacturing organizations (CMO) provide various manufacturing services to the pharmaceutical and biotechnology industries from the stage of drug development to the full scale production. These organizations can be hired for the manufacturing of small quantity of materials for R&D purposes, then larger amount for the clinical studies and finally for the full scale production.

Contract manufacturing generally includes the manufacturing of solid and liquid dosage forms and injectable. However, the growing usage of generic drugs and complex pharmaceutical products has triggered many of these organizations to produce active pharmaceutical ingredient (API) for their clients also. Some of the advantages of pharmaceutical contract manufacturing are discussed below.

Cost-effectiveness

Development of a new drug requires a huge initial investment and comprehensive research. After making a huge investment on R&D, more investment is required for setting up a manufacturing facility. A CMO, on the other hand, has an already established expertise and infrastructure to produce the drug at much cheaper rates. A company can save on labor costs such as wages, training and fringe benefits through contract manufacturing.

Advanced Skills

Due to the exponential rise in the pharmaceutical industry, use of advanced technologies and skills for manufacturing has become imperative. To bring a new drug in the market quickly at the lowest possible cost requires huge investments in the manufacturing process. Even the biggest pharmaceutical companies find it hard to have such expertise and resources.

CMOs have already established expertise and facilities to manufacture at full scale. They have strong ties with the raw material suppliers and have incorporated various efficiency methods to manufacture at the lowest possible operational cost.

Quality Assurance

CMOs have pre-established quality checks in place that have been refined over the years. They have been manufacturing in compliance with various standards used in different countries and have specific systems in place to control the quality of the end product. Pharmaceutical contract manufacturing helps the companies to make use of such quality control techniques to ensure compliance with different quality standards around the world.

Global Presence

Through CMOs, a pharmaceutical company can enter into new markets at minimal financial risks. There is no need of local investment in the areas of capital, time and executive talent. In some cases, the CMO might also take care of marketing & sales for its clients. Entering into new markets through joint ventures and FDI exposes a company to financial and political risks. A CMO can help such companies in minimizing these kinds of risks.

To produce a drug, different kinds of resources are needed. A company may not find all of these resources in its own country and can outsource such manufacturing process to a country where these resources are readily available.

Contract manufacturing has many advantages that can allow a company to manufacture drugs at competitive costs in minimal time. Expertise of these CMOs in different areas can be extremely useful in reducing the time taken to bring a drug into the market.

We take pleasure in introducing ourselves as one of the reputed Pharmaceutical Bulk Drugs & Intermediates dealing company in india operating in the Pharmaceutical Market.