Chinese CDMO market growing rapidly despite talent shortage, says Lonza


Source: bioprocessintl.com bioprocessintl.com

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Lonza says its presence in China is growing despite a short-term talent shortage in the industry. “The Chinese pharma market is big and growing very quickly [with] a lot of molecules that are in development,” Lonza’s general manager of China, Hong Pan, tells BioProcess Insider. “China was very generically driven but more companies are putting their money into innovative pharma. The added growth is due to a few factors, [such as] the increased wealth of the population. People are getting wealthier and they’re looking for healthier, longer lives with better living conditions.”Lonza has been in China since 1995. However, the...