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Stock impact report

Nucleic Acid Therapeutics CDMO Market Research Report 2024-2034 Featuring Strategic Analysis of Lonza Group, Catalent, and Thermo Fisher Scientific Among Others [Yahoo! Finance]

Catalent, Inc. (CTLT) 
Last catalent, inc. earnings: 2/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.catalent.com
Company Research Source: Yahoo! Finance
The global nucleic acid therapeutics CDMO market accounted for USD 12.13 billion in 2023 and is expected to reach USD 32.78 billion by 2034 with a CAGR of 9.46% during the forecast period 2024-2034. The market will expand due to several factors, including rising demand for nucleic acid therapeutics, an increase in the prevalence of genetic and chronic diseases, an increase in FDA approvals of these drugs, a growing pipeline of nucleic acid therapeutics, and an increase in strategic alliances and partnerships. By type, the RNA-based therapies segment accounted for the highest revenue-grossing segment in the global nucleic acid therapeutics CDMO market in 2023 owing to the rapid adoption of mRNA vaccines and the expanding pipeline of RNA-based therapeutics for various diseases. For instance, the FDA approved the first gene therapy in June 2023 to cure particular Duchenne muscular dystrophy patients. Additionally, the gene therapy segment is predicted to grow at the fastest CAGR dur Show less Read more
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