IHS Chemical Week

EnviroTech :: Biotech

44% of Biopharma Companies Increasing Outsourcing Budgets, Study Finds

3:54 AM MDT | June 18, 2010 | Alex Scott

A survey by BioPlan Associates (Rockville, MD), a market research firm, has found that 44% of biopharmaceutical companies plan to increase their budgets for the outsourcing of manufacturing activities. The findings were part of BioPlan’s 7th Annual Biopharmaceutical Report, which has been published this week. The report features an extensive survey of 327 global biopharma manufacturers and contract manufacturing organizations (CMOs) from 35 countries.   Capacity utilization of biopharma companies' manufacturing assets on average is currently at about...

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