What Is CDMO In Pharma?
A Contract Development And Management Organisation, CDMO in the pharmaceutical industry refers to an organisation that focuses solely on developing and manufacturing drugs. This means pharma companies need not bother about the first leg of manufacturing a drug. It can be outsourced to a CDMO. A lot of global organisations are turning to CDMO service providers in India. Advantages Of CDMO As a pharma organisation there is no scope for errors. It is paramount that a drug is developed and manufactured correctly. CDMOs help a long way in attaining this goal. Here are some key advantages of partnering with CDMO: Expert development by those who are well experienced. Reallocation of internal resources in the needed area. Reduction in costs, especially when outsourced to developing countries. Gives the ability to mass produce medicines. Faster production turnaround time. Business Inroads In Pharma CDMO Pharma CDMOs are growing exponentially. As per research done by Gran...