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What are the raw materials used by manufacturers of active pharmaceutical ingredient manufacturers?
The raw materials of active pharmaceutical ingredient (API) manufacturers mainly include the following categories:
Raw materials for the basic chemical industry: These raw materials are mainly used to produce active pharmaceutical ingredient manufacturers through chemical synthesis processes. Common chemical synthesis materials include various chemical reagents and solvents, which are used to synthesize various pharmaceutical components.
Raw materials for agriculture: made into related intermediates through biological fermentation, and then structurally modified. Fermentation processes are commonly used for raw materials such as antibiotics and vitamins. In addition, some active pharmaceutical ingredient manufacturers can be extracted from animals and plants, such as artemisinin.
Advantages of API and Global Market Situation:
API has certain standards to determine the API strength of each drug. The FDA requires manufacturers to demonstrate the efficacy of their products through patients in both laboratory and real-life settings. It is expected that by 2022, the global active pharmaceutical ingredient market will reach $198.8 billion with a compound annual growth rate of 6.4%. The main factors driving this growth include patent expiration, government measures, penetration rate, and an increasing aging population.
The Importance of APIs in the Pharmaceutical Industry:
API is one of the main components of drugs, with pharmacological activity and responsible for drug action. The accuracy and precision of raw materials are the two main aspects that must be possessed when making APIs. The FDA requires manufacturers to demonstrate the efficacy of their products through patients in both laboratory and real-life settings.