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Even giant pharmacompanies with large internal production capabilities are leaning on outsourcing to meet market demand for huge numbers of injectables, including high-value biologics and Covid-19 vaccines, according to a GlobalData analysis. Why do large and mega-cap sponsors outsource?
UCB has made a new foray into the genetherapy space, buying fellow Belgium-based company Handl to get control of its adeno-associated virus (AAV) capsid delivery platform and two research programmes in neurodegenerative diseases. The post UCB revs up its genetherapy drive with Handl acquisition appeared first on.
Future waves of approvals for ATMPs (advanced therapy medicinal products, e.g., cell and genetherapies) will heighten demand on the contract packaging industry, further increasing the need for advanced cold chain solutions and specialized packaging designed to withstand cryogenic temperatures.
Pharmacompany merger and acquisition (M&A) activity in the first half of 2023 has remained relatively low, consistent with the second half of last year, but investors predict deals will increase later in 2023. Experts at PWC, Goldman Sachs, and Morgan Stanley agree that pharma-related M&A is expected to pick up in 2023.
Biologics are costly to produce and sell, and the more recent modalities, such as cell and genetherapies, can be difficult to manufacture. There are fewer sites for cell and genetherapies and vaccines – 90 companies with 127 facilities, as per GlobalData figures.
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