Pharmaceutical intermediates are a fine chemical product in the production process from pharmaceutical chemical raw materials to raw materials or drugs. The synthesis of chemical drugs relies on high-quality pharmaceutical intermediates. This chemical product does not require a drug production license and can be produced in ordinary chemical factories. As long as it reaches certain levels, it can be used for the synthesis of drugs.
China requires more than 2000 types of raw materials and intermediates that are matched with chemical industry every year, with a demand of over 2.5 million tons. After years of development, the chemical raw materials and intermediates required for pharmaceutical production in China can basically be matched, with only a small portion needing to be imported. Moreover, due to China's abundant resources and low raw material prices, many intermediates have been exported in large quantities.
In addition, in recent years, due to increasingly strict drug regulatory requirements, increasing difficulty in drug research and development, and rising prices, multinational pharmaceutical companies have gradually shifted from a "vertical integration" business model to a "development cooperation" business model in order to shorten the time to market of patented drugs, reduce research and production costs, maintain good profit margins throughout the entire drug lifecycle, and improve their own business efficiency Professional decomposition of business processes such as development and production, and outsourcing to professional institutions such as pharmaceutical contract research enterprises and pharmaceutical customization R&D production enterprises, namely pharmaceutical customization R&D production (CMO)
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