Peptide Therapeutics Build Contract Manufacturing Market

The introduction of insulin therapy in the 1920s, for the treatment of diabetes, marked the beginning of the therapeutic use of peptides. Presently, peptide-based therapeutics represent a prominent class of therapeutic interventions. Currently, many peptide therapeutics are being developed for the treatment of oncological disorders.

The in-house development of peptide API requires necessary expertise and capabilities, including design, construction and maintenance of a facility which demands significant capital investments.

In fact, in 2018, about 75% of such therapeutic products were estimated to be available for the treatment of different cancer indications, accounting for global sales of more than $1.0 Billion. 

It is worth highlighting that, till date, more than 60 peptide drugs have been approved by the United States Food and Drug Association (USFDA), while more than 400 peptides are presently being in clinical trials.  

Such therapeutics, when compared to recombinant antibodies and protein-based interventions, have been shown to demonstrate better tissue / cell penetration, owing to their small size and low immunogenicity.

Get report

Further, the need for advanced technologies, along with specialized equipment, have resulted in the outsourcing of the peptide production to the contract manufacturers.

The contract manufacturing market in this domain features the presence of large contract manufacturing organizations (CMO), mid-sized CMO and small companies.

A contract manufacturer is a third-party organization that offers manufacturing related services on a contract basis to other firms.

It is worth highlighting that, till date, more than 60 peptide drugs have been approved by the United States Food and Drug Association (USFDA), while more than 400 peptides are presently being in clinical trials.

Typically, a client may approach a contract manufacturing firm after conducting initial R&D for a product and employ its services to manufacture the product, usually at larger scales.

The in-house development of peptide API requires necessary expertise and capabilities, including design, construction and maintenance of a facility which demands significant capital investments.

Therefore, several small drug developers and, at times, certain pharma giants as well, have begun outsourcing their manufacturing operations to contract service providers.

The increasing demand for companies capable of offering manufacturing and, in certain cases, development services to biopharmaceutical players has resulted in the establishment of several CMOs.

Most of these contract service providers have profound experience in niche and emerging areas.

The innate expertise and availability of the required capabilities and infrastructure enables CMOs to effectively fulfil the requirements of their clients, eliminate costly oversights and, thereby, reduce chances of failure.

Learn More

Only $1/click

Submit Your Ad Here

 

Srishti Khurana

Roots Analysis is a market research and consulting company in the pharmaceutical industry. Focussed on providing an informed and impartial view on key issues facing the industry, our research is primarily driven by an in-depth analysis0
https://www.rootsanalysis.com/

Leave a Reply