Cephalosporin CMOs discontinue or downsize business
By Kim, Jin-Gu | translator Alice Kang
22.05.02 17:30:39
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3 companies discontinue or reduce manufacture in one year¡¦Consignors competing to ¡®hire new consignees¡¯
¡°Is non-profitable due to rising labor costs and sharp rise in raw material prices in China and India¡±
Due to this, industry concerns are rising over how this breakaway among consignees may accelerate due to the increased production cost and lead to an antibiotic crisis in the second half of the year.
¡ß3 CMOs discontinue or reduce manufacture in 6 months
According to industry sources on the 3rd, A mid-sized pharmaceutical company, Company A, recently delivered its plan to discontinue the manufacture of ce
Kim, Jin-Gu(kjg@dailypharm.com)
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