Small Molecule Active Pharmaceutical Ingredient Global Market Report 2024

Small Molecule Active Pharmaceutical Ingredient Global Market Report 2024

Including: 1) By Type: Synthetic; Chemical; Biological 2) By Therapeutic Type: Autoimmune Diseases; Oncology; Metabolic Diseases; Ophthalmology; Cardiovascular Diseases; Infectious Diseases; Neurology; Respiratory Disorders; Dermatology; Urology 3) By Manufacturing Method: In-House; Contract 4) By Application: Clinical; CommercialCovering: Pfizer Inc.; BASF SE; Roche Holding AG; F. Hoffmann-La Roche Limited; AbbVie Inc.


Small Molecule Active Pharmaceutical Ingredient Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on small molecule active pharmaceutical ingredient market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
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  • Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Description:

Where is the largest and fastest growing market for small molecule active pharmaceutical ingredient ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The small molecule active pharmaceutical ingredient market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of covid 19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Type: Synthetic; Chemical; Biological

2) By Therapeutic Type: Autoimmune Diseases; Oncology; Metabolic Diseases; Ophthalmology; Cardiovascular Diseases; Infectious Diseases; Neurology; Respiratory Disorders; Dermatology; Urology

3) By Manufacturing Method: In-House; Contract

4) By Application: Clinical; Commercial

Companies Mentioned: Pfizer Inc.; BASF SE; Roche Holding AG; F. Hoffmann-La Roche Limited; AbbVie Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Executive Summary
2. Small Molecule Active Pharmaceutical Ingredient Market Characteristics
3. Small Molecule Active Pharmaceutical Ingredient Market Trends And Strategies
4. Small Molecule Active Pharmaceutical Ingredient Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Small Molecule Active Pharmaceutical Ingredient Market Size and Growth
5.1. Global Small Molecule Active Pharmaceutical Ingredient Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Small Molecule Active Pharmaceutical Ingredient Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Small Molecule Active Pharmaceutical Ingredient Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Small Molecule Active Pharmaceutical Ingredient Market Segmentation
6.1. Global Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Synthetic
Chemical
Biological
6.2. Global Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Therapeutic Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Autoimmune Diseases
Oncology
Metabolic Diseases
Ophthalmology
Cardiovascular Diseases
Infectious Diseases
Neurology
Respiratory Disorders
Dermatology
Urology
6.3. Global Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
In-House
Contract
6.4. Global Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Clinical
Commercial
7. Small Molecule Active Pharmaceutical Ingredient Market Regional And Country Analysis
7.1. Global Small Molecule Active Pharmaceutical Ingredient Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Small Molecule Active Pharmaceutical Ingredient Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Small Molecule Active Pharmaceutical Ingredient Market
8.1. Asia-Pacific Small Molecule Active Pharmaceutical Ingredient Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Small Molecule Active Pharmaceutical Ingredient Market
9.1. China Small Molecule Active Pharmaceutical Ingredient Market Overview
9.2. China Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Small Molecule Active Pharmaceutical Ingredient Market
10.1. India Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Small Molecule Active Pharmaceutical Ingredient Market
11.1. Japan Small Molecule Active Pharmaceutical Ingredient Market Overview
11.2. Japan Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Small Molecule Active Pharmaceutical Ingredient Market
12.1. Australia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Small Molecule Active Pharmaceutical Ingredient Market
13.1. Indonesia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Small Molecule Active Pharmaceutical Ingredient Market
14.1. South Korea Small Molecule Active Pharmaceutical Ingredient Market Overview
14.2. South Korea Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Small Molecule Active Pharmaceutical Ingredient Market
15.1. Western Europe Small Molecule Active Pharmaceutical Ingredient Market Overview
15.2. Western Europe Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Small Molecule Active Pharmaceutical Ingredient Market
16.1. UK Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Small Molecule Active Pharmaceutical Ingredient Market
17.1. Germany Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Small Molecule Active Pharmaceutical Ingredient Market
18.1. France Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Small Molecule Active Pharmaceutical Ingredient Market
19.1. Italy Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Small Molecule Active Pharmaceutical Ingredient Market
20.1. Spain Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Small Molecule Active Pharmaceutical Ingredient Market
21.1. Eastern Europe Small Molecule Active Pharmaceutical Ingredient Market Overview
21.2. Eastern Europe Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Small Molecule Active Pharmaceutical Ingredient Market
22.1. Russia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Small Molecule Active Pharmaceutical Ingredient Market
23.1. North America Small Molecule Active Pharmaceutical Ingredient Market Overview
23.2. North America Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Small Molecule Active Pharmaceutical Ingredient Market
24.1. USA Small Molecule Active Pharmaceutical Ingredient Market Overview
24.2. USA Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Small Molecule Active Pharmaceutical Ingredient Market
25.1. Canada Small Molecule Active Pharmaceutical Ingredient Market Overview
25.2. Canada Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Small Molecule Active Pharmaceutical Ingredient Market
26.1. South America Small Molecule Active Pharmaceutical Ingredient Market Overview
26.2. South America Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Small Molecule Active Pharmaceutical Ingredient Market
27.1. Brazil Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Small Molecule Active Pharmaceutical Ingredient Market
28.1. Middle East Small Molecule Active Pharmaceutical Ingredient Market Overview
28.2. Middle East Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Small Molecule Active Pharmaceutical Ingredient Market
29.1. Africa Small Molecule Active Pharmaceutical Ingredient Market Overview
29.2. Africa Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Manufacturing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Small Molecule Active Pharmaceutical Ingredient Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Small Molecule Active Pharmaceutical Ingredient Market Competitive Landscape And Company Profiles
30.1. Small Molecule Active Pharmaceutical Ingredient Market Competitive Landscape
30.2. Small Molecule Active Pharmaceutical Ingredient Market Company Profiles
30.2.1. Pfizer Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. BASF SE
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Roche Holding AG
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. F. Hoffmann-La Roche Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. AbbVie Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Small Molecule Active Pharmaceutical Ingredient Market Other Major And Innovative Companies
31.1. Allergan plc
31.2. Bayer AG
31.3. Novartis AG
31.4. Sanofi SA
31.5. Bristol Myers Squibb Company
31.6. AstraZeneca plc
31.7. Glaxo Smith Kline plc
31.8. China Resources Pharmaceutical Group Limited
31.9. Takeda Pharmaceutical Company Limited
31.10. Eli Lilly and Company
31.11. Gilead Sciences Inc.
31.12. Boehringer Ingelheim International GmbH
31.13. Merck KGaA
31.14. Viatris Inc.
31.15. Teva Pharmaceutical Industries Limited
32. Global Small Molecule Active Pharmaceutical Ingredient Market Competitive Benchmarking
33. Global Small Molecule Active Pharmaceutical Ingredient Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Small Molecule Active Pharmaceutical Ingredient Market
35. Small Molecule Active Pharmaceutical Ingredient Market Future Outlook and Potential Analysis
35.1 Small Molecule Active Pharmaceutical Ingredient Market In 2028 - Countries Offering Most New Opportunities
35.2 Small Molecule Active Pharmaceutical Ingredient Market In 2028 - Segments Offering Most New Opportunities
35.3 Small Molecule Active Pharmaceutical Ingredient Market In 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer

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