Weight-Loss Drug Boom Has Another Ripple Effect - Rapid Growth Expected In Fill-Finish Market
Portfolio Pulse from Vandana Singh
The weight-loss drug market is experiencing a boom, leading to a rapid growth in the fill-finish market. Companies like Novo Nordisk, Eli Lilly, and Pfizer are driving this growth with their weight-loss drugs. Contract drug manufacturers like WuXi Biologics and Catalent Inc are investing heavily in expanding their facilities to meet the rising demand. The fill-finish market is expected to double to $12.5 billion between 2019 and 2027.
October 09, 2023 | 3:21 pm
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POSITIVE IMPACT
Catalent Inc is expanding its pre-filled syringe capacity to meet the rising demand in the fill-finish market.
Catalent Inc's expansion of its pre-filled syringe capacity to meet the rising demand in the fill-finish market could potentially increase the company's revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Eli Lilly's anticipated entry into the weight-loss market is contributing to the growth in the fill-finish market.
Eli Lilly's anticipated entry into the weight-loss market is contributing to the growth in the fill-finish market, which could potentially increase the company's revenues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Novo Nordisk's weight-loss drug Wegovy is driving the growth in the fill-finish market.
Novo Nordisk's weight-loss drug Wegovy is contributing to the growth in the fill-finish market, which could potentially increase the company's revenues.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Pfizer's anticipated oral treatments are intensifying the competition in the fill-finish market.
Pfizer's anticipated oral treatments are intensifying the competition in the fill-finish market, which could potentially increase the company's revenues.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Thermo Fisher Scientific Inc is a market leader in the competitive fill-finish landscape.
Thermo Fisher Scientific Inc's position as a market leader in the competitive fill-finish landscape could potentially increase the company's revenues.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80