Ultimate Guide to CRAMS or CDMO with various Companies to Track
Ultimate Guide to CRAMS or CDMO with various Companies to track
Twitter Handle: @shuchi_nahar
What are CRAMS?
CRAMS is defined as the process of
outsourcing research services/ product manufacturing activities to
organizations which can provide the service at a low cost. CRAMS basically
consists of the following two activities: Contract Research and Contract Manufacturing. CRAMS is mainly used in the Pharmaceutical and Biotechnology
sectors that require extensive R&D and large-scale manufacturing
facilities. It is expected that the demand for contract research and contract
manufacturing is expected to increase in India in the future.
Roadmap Ahead
Investments in the global pharmaceuticals
sector to increase to over $1,400 billion over the next 3 years, driven by
a number of new medicines. With healthy R&D spending going forward, the
Contract Research and Manufacturing (CRAMS) segment offers growth opportunities
to Indian companies.
Rising demand for generic formulations,
increased investments in pharmaceutical Research & Development and advanced
manufacturing technologies by contract development and manufacturing
organization (CDMO’s) are key factors contributing to the high CAGR of
Pharmaceutical Contract Manufacturing market during the forecast period.
Market Size – USD 82430.9 Million in 2018,
Market Growth – CAGR of 7.2 %, Market Trends – Increasing outsourcing of
clinical trials, increasing CDMO’s manufacturing footprint in Asia. The
pharmaceutical industry uses outsourcing services from providers in the form of
contract research organizations (CROs) and contract manufacturing organizations
(CMOs). Comprehensive single-source provider from drug development through
commercial manufacture has emerged in recent years.
It is known as contract research and
manufacturing services (CRAMS), or contract development and manufacturing
organizations (CDMO). Pharmaceutical Contract Manufacturing organizations are a
response to the competitive international nature of the pharmaceutical market
as well as the increasing demand for outsourced services.
Let’s Discuss in Nutshell
Few Companies that I have covered in detail previously in my blogs.
1) Laurus Labs
–The Complete Turnaround Story
Laurus Labs is a leading R&D
driven pharmaceuticals company established in 2005 with its headquarters in
Hyderabad. It is among the leaders in the manufacturing of Active
Pharmaceutical Ingredients (APIs) for Antiretroviral (ARV) and Hepatitis C
(Hep-C) formulations. Other major API segments include therapeutic areas such
as Oncology, Cardiovascular, and Anti-Diabetes.
From a one-product company in 2010
to an Active Pharmaceutical Ingredients (APIs) company thereafter, company has
now emerged as one of India’s leading manufacturers of generics APIs for
various complex therapies.
Revenue
Comparison FY19 v/s FY20
Significant
Growth in CDMO
For Detailed Analysis of the above company -https://myweekendspot.blogspot.com/2020/09/laurus-labs-company-overview.html
Established
in 1988, Hikal is predominantly a B2B player that provides intermediates and
active ingredients to global pharmaceutical, animal health, crop protection and
specialty chemical companies.
For FY20, pharma and crop protection
accounted for 59% and 41%, respectively, of operating revenues.
The pharma
business is currently divided almost equally between generic active pharma
ingredients (APIs) and contract development and manufacturing organisation
(CDMO) businesses.
Animal
health business accounts for 20-25% of CDMO business. In crop protection, 70%
of revenues are derived from CDMO with the remaining from proprietary products,
specialty chemicals and specialty biocides. Leading Sustainable Technology
driven company serving the Crop Protection & Pharmaceutical Industries.
Company’s Crop Protection CDMO segment has 2-3
products in the pipeline currently. These are all early stage products.
Overall, product pipeline is healthy.
For Detailed Analysis of the above company : https://myweekendspot.blogspot.com/2020/09/hikal-unique-cdmo-opportunities-for.html
To continue reading this great compilation of CDMO Companies Click the Link : https://drive.google.com/file/d/1JCvMp0w4syVePB5jnmJsPGvsbSpyReZm/view?usp=sharing
Disclaimer: The information provided on Shuchi Nahar’s Weekend Blog is for educational purposes only. The articles may contain external links , references and compilation of various publicly available articles. Hence all the authors are given due credit for the same. All copyrights and trademarks of images belong to their respective owners and are used for Fair Educational Purpose only.
Twitter Handle: @shuchi_nahar
I read your blog. contract research organization (CRO) association that offers clinical preliminary and all the examination support to administrations on an agreement premises to the drug, biotechnology. The provided information is very useful for contract research organization in India. Keep continuing to post further.
ReplyDeleteThis is a comprehensive and informative overview of the Contract Research and Manufacturing Services (CRAMS) sector, particularly its relevance in the pharmaceutical industry. The discussion on the growth opportunities in the Contract Development and Manufacturing Organization (CDMO) segment is quite intriguing, highlighting the evolving landscape of pharmaceutical outsourcing.
ReplyDeleteThe insights into companies like Laurus Labs and Hikal, which are actively involved in the CDMO business, provide a clear picture of their growth and diverse offerings. It's evident that the CDMO sector plays a crucial role in meeting the demands of the pharmaceutical market, offering a wide range of services from generic APIs to specialty products.
The provided links for detailed analysis of these companies will be valuable for those looking to delve deeper into the world of CDMO. Thanks for shedding light on these significant players and the evolving trends in the pharmaceutical contract manufacturing market.
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