The pharmaceutical industry is one of those sectors where it makes perfect sense for pharmaceutical companies to outsource pharmaceutical  manufacturing with pharmaceutical contract manufacturers. It has been estimated that approximately 20 percent of drugs on pharmacy shelves are outsourced, from pharmaceutical contract manufacturers. But the questions like, why should you choose to outsource over traditional manufacturing? Is it worth it? Will it save money or not? are completely reasonable. 

 

Here is what you need to know about outsourcing and pharmaceutical contract manufacturing.

A pharmaceutical contract manufacturing company also known as third party manufacturer, manufactures drugs and other pharmaceutical products according to the specifications of a client drug maker or pharmaceutical company. Contract manufacturing allows pharmaceutical companies to outsource their production needs and increases flexibility by allowing them to avoid investing in expensive, in-house manufacturing plants and equipment when they are only interested in producing specific quantities of drugs or other pharmaceutical products. 

 

Should you manufacture your own product?

The pharmaceutical manufacturing process requires a significant investment in terms of time, money, energy, and resources in order to bring a pharmaceutical product from concept through testing to full commercialization.

Keep these factors in mind when evaluating whether or not it is worth your while to manufacture your own pharmaceutical products.

The cost-effectiveness of outsourcing versus producing within your own company. Of course, contract manufacturers must invest their time and efforts into negotiating costs—but once contracts are drawn up, all you have to do is place an order for a particular quantity at any given time.

The experience of your team. You will want to manufacture a pharma product that reflects your company’s values, brand, and mission. If you are uncertain about whether or not your team has the capabilities necessary for success, outsourcing is worth considering. 

Scalability and capacity. Successful pharmaceutical manufacturers know they need to be able to scale up production quickly in order to meet the ever-increasing demand from clients (and competitors). If manufacturing within your own company presents limitations, it might be best to outsource a pharmaceutical contract manufacturer.

Moreover, the major concern when deciding whether or not to manufacture your own products is, the company’s current financial status? Do I have capital on hand to allocate towards research and development while my product goes through clinical trials? And if so, can I front enough money to build out a full manufacturing facility until production begins in a new contract manufacturing facility? If your finances don’t currently allow for expansion—or if they may not support future expansion in a CMO—then you might want to consider signing a contract with a leading pharmaceutical manufacturer.

Using pharmaceutical contract manufacturing services can not only be cost-effective, but it can also help you create the highest quality pharmaceutical products possible while maintaining the most important aspects of your business and intellectual property rights.

 

Finding the best manufacturer in India

Choosing a pharmaceutical product manufacturer or supplier can be difficult. When it comes to manufacturing quality medicines, you need a pharmaceutical company that specializes in contract manufacturing or third-party manufacturing. This is because there are several regulations to follow when making pharmaceutical products, as well as different drug requirements depending on where they’re being sold. If you want high-quality products made in India, you’ll have to do some research and homework. Start by searching for pharmaceutical manufacturing companies based in India; these businesses specialize in contract manufacturing for other companies. These pharma companies possess excellent quality assurance processes and will likely adhere to all required regulatory guidelines; their prices may also be lower. Although, cost does not always mean better quality especially with pharmaceuticals.

Quality is, of course, paramount when it comes to pharmaceutical manufacturing. If you’re thinking about outsourcing your products or want to outsource for other reasons, it’s critical that you work with only the best pharmaceutical companies in India—one of which could be just a phone call away. Before reaching out, be sure you know what defines a top-quality contract manufacturer and which factors differentiate high-quality pharmaceutical product manufacturers from low-quality ones. Good resources include ISO certification, QS certification and GMP certification. 

These are the questions that can help you find a quality pharmaceutical manufacturer:

• Do they manufacture at all stages (pre formulation, formulation and post-manufacturing)? 
• How long have they been doing so? 
• What are their turnaround times?
• How much control do I have over my own product? 
• Are they FDA approved or audited by any regulatory agencies?

 

Finding the best pharmaceutical contract manufacturer and exporter can still be tricky, as there are many players in the industry competing with each other. To make it easy for you, we have come up with tips to help you find the best pharmaceutical contract manufacturers or third party manufacturers in India.

Tip 1 – Industry knowledge

Before you even begin looking for a Pharma products manufacturer, it is important that you have a thorough understanding of what they do. It is one thing to recognize pharmaceutical contract manufacturing companies when you see them, but it is another to understand their role in producing medicines. Once you are comfortable with your own knowledge, it will be easier to identify and avoid those who are not suitable candidates.

Pharmaceutical manufacturers can be separated into two main categories: those who develop pharma products themselves (known as ‘innovators’) and those who manufacture pharmaceuticals based on development work by others (called ‘contractors’). Based on the needs, there are many different types of contract manufacturers who manufacture generic pharmaceuticals, nutraceuticals, herbal, cosmeceuticals, veterinary products and niche pharma categories.

Tip 2 – Processes & Quality systems

Processes are formal or semi-formalized procedures for getting tasks done. Quality systems are protocols and tools used in business to ensure that a company is meeting its goals. Analyze your pharmaceutical contract manufacturing firm’s processes, quality systems, and environmental compliance programs to make informed decisions about what’s best for your business.

Tip 3 – Analytical testing facilities

The analytical testing of pharmaceutical products is an essential component of quality control. All finished pharmaceutical products must undergo extensive chemical and physical testing, which typically includes dissolution testing. In order to ensure that pharmaceutical products pass these tests, it is often necessary for them to be sent out to specialized contract analytical testing laboratories. These laboratories are highly trained in a variety of fields, including organic chemistry, inorganic chemistry, spectroscopy and chromatography. Many times, they also have expertise in bio-analytical methods such as HPLC or microbiological assays. This makes them ideal for carrying out specific quality assurance tasks within a manufacturing facility, particularly when such tasks require experience or techniques beyond those normally provided by standard in-house technicians or lab personnel.

Tip 4 – Customer service & support

There’s nothing worse than having a problem with a product or service you bought and not being able to get help. Support is often overlooked by many sellers, but it can make or break your business. It’s critical to have an efficient support system in place so that you can have access to resources when you need them. 

 

Now that you have fully grasped the benefits of hiring a contract manufacturer for pharmaceutical products and what factors to consider while choosing one, we are glad to name one of the best pharmaceutical contract manufacturers and exporters based in India, Aidotick Pharmaceuticals. A WHO GMP Certified CDMO, that prioritizes product quality, customer satisfaction and regulations while offering competitive costs. If you are looking for a pharmaceutical contract manufacturer or third party manufacturer that also has a global presence around the world, Aidotick Pharmaceuticals is the right choice.