The upstream industry of pharmaceutical intermediates is the manufacturing of basic chemical raw materials, while the downstream industry is the manufacturing of chemical pharmaceutical raw materials and formulations. Among them, pharmaceutical intermediates, chemical raw materials, and chemical pharmaceutical preparations form the chemical pharmaceutical manufacturing industry. The relationship between this industry chain is as follows:
The development of the pharmaceutical intermediate industry is significantly influenced by the development of downstream chemical raw materials and chemical drug formulations. From the development of chemical raw materials and chemical pharmaceutical preparations in China, in recent years, the overall manufacturing industry of chemical raw materials and chemical pharmaceutical preparations in China has shown a consistent and steady upward trend. In 2017, the market size of China's chemical raw materials and chemical requirements pharmaceutical preparation manufacturing industry reached 510.806 billion yuan and 765.795 billion yuan, respectively. Based on the analysis of various factors that affect the development of China's pharmaceutical manufacturing industry, it can be concluded that the chemical raw materials and pharmaceutical preparations industry in China will continue to maintain a growth trend in the coming years. The prospects for the downstream drug market are promising, which will inevitably drive the strength of upstream pharmaceutical intermediates.
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