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| home > pmps > autumn 2003 > generics boards surfing the new wave in contract manufacturing services |
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Pharmaceutical Manufacturing and Packing Sourcer
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With the rapidly rising tide in sales of unbranded medicines, are the holders of expiring patents for branded products about to find themselves stranded on the rocks or simply getting wet feet?
Recent developments at the WTO and changes in Europe's pharmaceutical legislation could drive suppliers of generics to outsource development and production to countries like Portugal, where they can take the necessary steps before the tide turns for their branded or innovator competition.
With about 35 per cent of pharma's lucrative blockbusters coming off patent by 2007, the rising tide of generics will experience a big surge driving the managerial boards of generics suppliers to get to market as early as possible, preferably as soon as the bell-buoy rings 'time up'.
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