CMOs need to increase awareness of offerings, ISR reports

By Melissa Fassbender contact

- Last updated on GMT

CMOs need to increase awareness of offerings, ISR reports

Related tags: Outsourcing

A "new set of leaders" emerged in the contract manufacturing organization (CMO) industry over the past year, though many remain unheard of, according to a recent report.

Kate Hammeke, Vice President, Market Research, Industry Standard Research​, told us drug product outsourcers are consistent in their prioritization of CMO selection attributes.

The same three attributes topped the list in 2017 as 2016​,” she explained. The first of these attributes being a “strong regulatory track record​.”

Other CMO performance attributes evaluated by respondents included on-time delivery, quality performance metrics, scale-up and tech transfer abilities, scientific knowledge, right-first-time measurements, among others.

With respect to top rated drug product CMOs, according to current and recent customers and based on ISR’s 27 performance metrics, there is a new set of leaders in the field this year​,” said Hammeke, adding that none of last year’s leaders rose to the top for the second year in a row.

However, nearly half of the 70 companies included in the study were unheard of among almost half of the research participants — “their key buying audience, the people responsible for outsourcing drug product manufacturing​,” Hammeke explained.

As such, she said more needs to be done to in increase awareness of drug product CMOs’ offerings to sponsor organizations.

The report​ presents data on 673 service encounters from 302 respondents who have been involved in outsourced drug product projects in the past 18 months.

(Feature image: iStock/Besjunior)

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