Antibodies are glycoproteins produced by B cells of the immune system to neutralize pathogens like bacteria and viruses. Contract manufacturing of antibodies has emerged as an outsourcing strategy adopted by biotech and pharmaceutical companies to develop and produce antibodies on a commercial scale. Factors such as hefty R&D investments required for antibody development, lack of in-house production capabilities, and focus on core competencies have boosted the demand for contract services. Moreover, continued advancements in cell line engineering and purification techniques have enabled contract manufacturers to provide high quality, consistent antibodies in large quantities. This has solidified antibodies contract manufacturing as an established business model worldwide.
Market Dynamics:
The global antibodies contract manufacturing market is driven by factors such as rising R&D expenditure of biopharmaceutical companies, advancement of monoclonal antibody therapeutics, growing focus on core competencies, and outsourcing of non-core activities. However, factors such as stringent regulatory processes and quality specifications, potential risks of technology transfer and capacity constraints pose challenges for smooth operations. On the brighter side, the market sees lucrative opportunities owing to increasing demand for bio-better and cost-effective antibodies, progress in molecular engineering tools, and emergence of developing biologics industry in countries like India and China.
Key Features of the Study:
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