The depth and breadth of outsourcing by pharmaceutical/biopharmaceutical companies realized last year is expected to expand significantly in 2016, particularly with regard to formulation development and manufacturing activities. In fact, a recent survey from That’s Nice finds that 69% of the pharma/biopharma respondents expect to increase their use of contract development and manufacturing providers (CDMOs).
The survey identified the following as the primary reasons for this anticipated increase:
- A pipeline of drug candidates that is more robust than has been witnessed in more than a decade;
- An increasing rate of FDA NDA/BLA approvals, with 2014 and 2015 seeing near-peak numbers and similar levels expected going forward, largely due to the greater number of accelerated approval pathways (Fast Track and Breakthrough Therapy Designations and Accelerated Approval and Priority Review processes);