Generic Pharmaceuticals Contract Manufacturing Market Demand, Trends

Generic Pharmaceuticals Contract Manufacturing Market is estimated to reach USD 121.42 billion by 2032 with a CAGR of 6.04%. The benefits of outsourcing in terms of savings on costs and time are what are fuelling the industry's expansion. A prescription drug is considered generic if it contains the same chemical ingredients as a drug that was initially protected by a chemical patent. Generic pharmaceuticals may be sold once the patents on the brand-name drugs have run out.

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Generic Pharmaceuticals Contract Manufacturing Market Demand, Trends

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