Why Pharmaceutical Companies Need to Partner with a CDMO Pharmaceutical Company

 

Pharmaceutical companies face a slew of challenges during the long and complex processes involved in developing and manufacturing new drug substances. A partnership with the right CDMO pharmaceutical company can help reduce these processes through expertise, scalability, and cost savings and introduce the best pharmaceutical products to the market.

Introducing something new into the pharmaceutical industry needs to be well-planned. A skilled hand will always be required to anticipate the challenges in the new drug formulation, development, and manufacturing process. It necessitates knowledge and experience. To meet this demand, outsourcing drug product development and manufacturing with contract manufacturers has become the new routine practice of the market.

It is a trend with many leading drug manufacturing companies in the industry. CDMOs, contract development organizations, and manufacturing organizations are the most popular and in-demand business models in the pharmaceutical industry today. They are being regarded as the best path to success due to their ability to provide end-to-end solutions.

The Advantages of Partnering with a CDMO

CDMOs provide pharmaceutical companies with services and support ranging from drug discovery to manufacturing, with comprehensive services in each phase of bringing a drug to market. As the demand for large molecule biologics rises in the aftermath of COVID-19, an increasing number of biopharmaceutical companies are slowly recognizing the benefits of partnering with an experienced CDMO.

Here are some advantages of collaborating with a CDMO pharmaceutical company:

End-to-End Expertise

CDMOs provide additional expertise by providing researchers with the necessary experience and specialized skills at each drug development and manufacturing stage without increasing payroll costs.

Capacity to Scale

Adding a new drug variant or shifting production volume to meet increased demand can jeopardize a project by causing it to miss production deadlines or lose quality and homogeneity. Using a CDMO to help with scale-up reduces risk and shortens lead times.

A typical full-service CDMO pharmaceutical company helps pharmaceutical companies to remain lean and agile while receiving extensive, differentiated development and support. Companies offering specialized services such as a solid dose CDMO provide greater flexibility and effortless cash flow than would be achievable internally. Outsourcing also frees up time and resources to focus on drug discovery and marketing, propelling the pharmaceutical industry forward.

Facilities and Equipment

Manufacturing various drug forms necessitates a wide range of equipment, and the costs are high. Collaborating with a CDMO pharmaceutical company reduces or eliminates the need to build and staff manufacturing facilities and invest in costly equipment.

Regulatory Assistance

One of the most demanding challenges for the biopharmaceutical industry is keeping up with constantly changing regulations. The regulatory submission process is lengthy and complicated. It is also costly if something goes wrong and requires resubmission. Having regulatory support can mean the difference between being the first to market and owning the market space or being late and getting a smaller share of the market.

Experience/Expertise

The expertise and insane amount of highly skilled staff you'll find in a liquid manufacturing CDMO is astonishing. CDMOs invest heavily in their employees and typically have highly qualified chemists, engineers, R&D professionals, researchers, and manufacturing personnel. Without these resources, a company is likely to waste time and money repeating experiments. Access to appropriate expertise shortens timelines and improves overall product quality.

Conclusion

The evolution of a new biologic is a lengthy and costly undertaking. This is why pharmaceutical companies partner with a specialized CDMO pharmaceutical company for biological formulation development and manufacturing, as they can benefit without having to setup their own manufacturing division. Despite the clear advantage, it is crucial for businesses to understand whether a CDMO can provide the service you require before onboarding them.