Asia Pacific Biopharma Excipients Market Research Report 2024-2030: Patent Expiry of Blockbuster Biologics such as Erbitux, Rituxan, Herceptin, Avastin, Aranesp, and Enbrel Fueling Investm...
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
and Trends Analysis Report by Product (Solubilizers & Surfactants/Emulsifiers, Polyols, Carbohydrates, Specialty Biopharma Excipients), and Country 2024-2030" report has been added to ResearchAndMarkets.com's offering. The Asia Pacific biopharma excipient market size is expected to reach USD 1.1 billion in 2030 and is projected to grow at a CAGR of 5.8% from 2024 to 2030 Patent expiry of blockbuster biologics such as Erbitux, Rituxan, Herceptin, Avastin, Aranesp, and Enbrel by 2030 is encouraging investments in biosimilars R&D by biopharma players. Soaring need for novel additives for development of biologics such as those enhancing lyophilization performance to improve stability of biologics is anticipated to boost the demand for excipients. As per drug sales record of 2016, eight out of ten top-selling drugs are biologics. Upcoming patent expiry of biologics is leading to increased R&D for biosimilar formulations. Biopharma players in the market are adopting price reduction st
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