Pharmaceutical Contract Manufacturing Market Report 2024-2034 - Patent Expiry and Increasing Demand for Generic Drugs Drive Market Growth [Yahoo! Finance]
Thermo Fisher Scientific Inc (TMO)
Last thermo fisher scientific inc earnings: 4/22 06:00 am
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Source: Yahoo! Finance
World revenue for the Pharmaceutical Contract Manufacturing Market is set to surpass US$155 billion in 2024. The Pharmaceutical Contract Manufacturing Market Report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region. High Cost of In-house Drug Development The rising costs associated with in-house drug development and manufacturing are driving significant growth in the pharmaceutical contract manufacturing market. The process of developing a new drug, from discovery to market launch, can exceed $2 billion and span over a decade. These substantial financial requirements are compelling pharmaceutical companies to outsource their manufacturing needs to Contract Development and Manufacturing Organizations (CDMOs), which provide cost efficiencies throu
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TMO
Earnings
- 10/23/24 - Beat
TMO
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 144
- 11/8/24 - Form 4
- TMO's page on the SEC website