Contract
manufacturing is the outsourcing of certain production activities that were
previously performed by the manufacturer to a third-party. A company may
outsource the manufacturer for certain components of the products or for its
assembly. More specifically, Pharmaceutical Contract Manufacturing in India refers to the outsourcing of certain drug
formulations, components from the manufacturers. Getting a pharmaceutical
product to the market on time is a challenge for Indian pharmaceutical manufacturer and that is what the
pharmaceutical contract manufacturers do.
Did you know?
Pharmaceutical contract manufacturing in
India is among the top ranked contract
manufacturing unit in the world. These contract based manufacturers
also contribute towards pharmaceutical product packaging, label designing,
product assembling etc.
With the
advent of multinational organizations in India, the concept of contract
manufacturing has started gaining momentum in the past few years.
Multinationals see this as an opportunity to cash in on an already growing
pharmaceutical sector. The biggest plus point in hiring contract manufacturers
is that they save a lot of time of
Indian Pharmaceutical Manufacturer and there is always a scope of coming up
with newer pharmaceutical drugs for the benefit of the people. Top
manufacturers say that working in sync with the contract manufacturers has
helped them gain newer insights in the field of pharmaceutical drugs manufacturing in India. It’s like two worlds meeting
for the betterment of the industry, the country and indirectly its people.
These companies also say that now because of contract manufacturing they can
dedicate more to research and development of new and life saving drugs.
Success of pharmaceutical contract manufacturing depends on the mutual understanding between the contract manufacturer and the customer.
What are the factors that have made the Pharmaceutical Contract Manufacturing so successful in India?
- Strong and well developed quality control and quality assurance system.
- Handy assistance in trademark and registration of the pharmaceutical drug.
- Always ready to help with designing and packaging procurement.
- Highly qualified and experienced technical team in all areas of pharmaceutical contract manufacturing in India.
- Plenty of resources that include manpower, technically knowledgeable workforce.
- State-of-the-art facilities, which adhere to strict specifications of WHO & GMP.
- Excellent coordination between the core manufacturing team and contract manufacturing team.
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