Benefits of Contract Manufacturing and What to Consider When Choosing One

 

Benefits of Contract Manufacturing and What to Consider When Choosing One

Developing a drug variation or a new drug is a multi-million dollar, multi-year undertaking. Partnering with a Contract Development and Manufacturing Organization for the manufacturing and development of new drugs provides several benefits to pharmaceutical companies.

Sovereign Pharmaceuticals is the number one CDMO Pharmaceutical Company in America. We are committed to exceeding quality and regulatory requirements, as well as focusing on our customers. We do this via dedicated, empowered, and motivated employees.

The Benefits of Partnering with a Contract Manufacturer

There are many benefits of partnering with a Contract Development and Manufacturing Organization; some of them have been listed below:

1. Scalability

Contract Development and Manufacturing Organizations are renowned for their ability to assist pharmaceutical companies with scaling. The addition of new drug variations or shifts in the volume of production can be very high-risk considerations for pharmaceutical manufacturing companies. But when they partner with a Contract Development and Manufacturing Organization, those decisions are less risky, followed by a shorter lead time.

Outsourcing pharmaceutical contract manufacturing and development helps businesses – both small and large – to scale. Both small and large pharmaceutical companies can run more efficiently and leaner, knowing their drug manufacturing and development will not break their budget.

2. Facilities and Equipment

Equipment is another area of investment for Contract Development and Manufacturing organizations. With internal drug manufacturing and development, pharmaceutical companies are faced with hard decisions when they want to introduce a new drug, increase capabilities, or produce at a different rate. In any case, those decisions all come with high capital investments.

Outsourcing with a Contract Development and Manufacturing Organization gives pharmaceutical companies access to extensive facilities and equipment without handling the cost of ownership.

3. Expertise

The quality of specialization and experience you will find within a Contract Development and Manufacturing Organization is remarkable. Due to the primary proficiency of their business, it only makes sense for these organizations to invest in development professionals, chemists, and talented researchers.

Things to Consider when Choosing a Contract Manufacturer

1. When it comes to partnering with a Contract Development and Manufacturing Organization, you want to first check if they have the technical experience and expertise to provide you with what you desire to achieve. Do their workers have the technical insight to accomplish what you hope to achieve? Do they have proficiency in the drug delivery systems you are aiming for? 

2. Secondly, pay attention to their facilities and equipment. What is their investment in laboratory equipment and space? How is their machine for converting, coating, and mixing? Do they own the facilities to run the level of production you seek?

3. Lastly, you want to pay attention to how the Contract Development and Manufacturing Organization handles relationships and partnerships. Do they make their partners feel involved in the process of development and manufacturing? Are they good listeners? Are they the types of partners who will stay by you when things get stressful? These are essential questions to consider.

At Sovereign Pharmaceuticals, with the partnership of every client, we dedicate our facilities, equipment, and expertise to speed up the process of introducing a drug to the market. Contact us to learn how we can assist your manufacturing needs. We are a pharmaceutical formulation company with a difference.