Global Biopharmaceutical Market To Reach New Heights By 2032

Worldwide biopharma market is all set to be driven by increased demand for novel medicines, rising rates of chronic diseases, and biotechnology developments.

M&A In Biopharmaceuticals Raise To New Levels In 2024 Q1

As of the first three months of 2024, the overall deal value of the mergers and acquisitions has reached an astounding $43.5 billion, according to GlobalData.

Global Biopharma CMO & CRO Market - Almost 6% CAGR Expected

This expansion can be linked to the increasing pattern of biopharmaceutical companies outsourcing their production and research operations to CMOs and CROs.

APAC Bioclusters A Standout In Biopharmaceutical Innovation

South Korea and Singapore are notable APAC countries because of their biopharma hubs, which provide vital R&D operations for the biopharmaceutical industry.

New Australia Biomedical Space Driving Innovation, Research

The goal of the space is to bring top scientific and medical research brains in the country to enable swift and unified response to present & future pandemics.

Generative AI In The Biopharmaceutical Manufacturing Sphere

A staggering 79% of participants in Axendia's survey note that generative AI has the ability to completely transform quality and efficiency of drugs production.