Chancroid Industry Growing In the Area of Healthcare Market Worldwide Chancroid -API Insights, 2017 | Page 2

Chancroid -API Insights, 2017
The active pharmaceutical ingredients worldwide market is in continuous development from the recent
years. There is expected to be a major impact on the global API industry, with the large number of
blockbuster drugs going off patent in the coming years. It is going to affect the revenue of the API market as
generic drugs occupy the market.
India and China produce a large percentage of a majority of the APIs and intermediates produced in the
world currently. The USFDA and EMA have strict guidelines for API manufacturing 'Process Validation:
General Principles and Practices'. While countries such as Japan and Singapore are signatories to the ICH Q7
regulation, India and China follow their national GMP guidelines. The efficiency and expertise of Asian
contract manufacturers have positioned them in a very strategic space in the global pharmaceutical supply
chain, with a vast majority of the APIs and intermediates being sourced from markets such as India and
China.
India and China produce a large percentage of a majority of the APIs and intermediates produced in the
world currently. The USFDA and EMA have strict guidelines for API manufacturing 'Process Validation:
General Principles and Practices'. While countries such as Japan and Singapore are signatories to the ICH Q7
regulation, India and China follow their national GMP guidelines. The efficiency and expertise of Asian
contract manufacturers have positioned them in a very strategic space in the global pharmaceutical supply
chain, with a vast majority of the APIs and intermediates being sourced from markets such as India and
China.
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