Global Excipients Market to Reach US$4.61 Bn by 2018, Growth in Pharmaceuticals Industry to Drive Demand for Excipients: TMR
The global excipients market is marked by frequent mergers and acquisitions and partnered alliances as companies vie to enhance their products' reach, states a new report by Transparency Market Research (TMR). Excipients manufacturers are also engaging in long-term strategic agreements to ensure customer retention. There exists a close working relationship between excipient suppliers and customers. In addition, there is a significant threat of backward integration from buyers to reduce cost and bring supplier power under control. Thus, buyer power is...
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