Most of the pharmaceutical companies do not plan to change their manufacturing network despite the possibility that COVID-19 pandemic may disrupt supply channels.
GlobalData has conducted a survey to assess how the finished dose product supply network and small molecule active pharmaceutical ingredient (API) supply strategies of pharmaceutical companies will evolve over the next 12 months.
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An analysis of the survey results shows that a majority 68% of the companies expect no changes to the finished dose manufacturing sites, while 57% expect no changes in the small molecule API manufacturing site network.
Approximately 25% of the companies opined that they will need small molecule API manufacturing sites in more countries, while 7% seek to trim their manufacturing sites to fewer countries.
Further, 17% of the companies opined that they need to expand their finished dose manufacturing network to more countries, while 15% opined that they need production sites at fewer countries than that they have today.
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By GlobalDataThe analysis is based on responses received from the Pharmaceutical Trade and Supply Chain Survey conducted between 07 July and 30 July 2020.
