
The biopharmaceutical industry is complex and dynamic and each year it continues to grow at the rate of 14% to 15%. This year the industry is demanding new and enhanced technologies to lower costs, boost efficiencies, especially in developing economies. Enabling this upward trend is the gradual introduction of innovations in manufacturing productivity. Growth in products in the area of cellular/gene therapies will be so rapid that the industry is expecting a falling bioprocessing capacity crunch. One exception to the growth is in the biopharmaceutical sector as very few small CMOs are being founded or coming online recently. Here are some of the key drivers in the field of biopharmaceutical process development: Biopharma industry and supplier growth continue to remain healthy: The biopharma sector and its suppliers, both services and equipment have grown steadily at close to 12–14% annually in terms of revenue over the past two decades. This year, suppliers ...