Oral delivery is still the Holy Grail for drug products, but plenty of new drugs (and many more in development) require injection. With so many large molecules like oligonucleotides and PEGylated versions of drugs in the pipeline, and so many smaller and virtual firms developing them, the market for parenteral outsourcing remains robust.
We spoke to a number of providers and sponsors about the market for contract production of parenteral drugs, and found a very healthy outlook. “There’s rapid growth going on,” said Craig Mastenbaum, director for business development at HollisterStier Contract Manufacturing, a Spokane-WA based CMO. “There are a lot of companies—both classic pharma and newer biotechs—that are doing a lot of research. Plenty of drugs are coming out of this research, and many will reach the clinic.”
Journal:
CONTRACT PHARMA,March 2005.