For instance, in May of 2020, Central Admixture Pharmacy Services, Inc. announced three novel compounded sterile medicines, all of which are currently in low supply for intensive care unit (ICU) patients. The medications are two vasodilators, namely: In addition, 8 milligrams of norepinephrine, 50 units of vasopressin, and 125 milligrams of midazolam were mixed into normal saline at a concentration of 1 milligram per milliliter.In addition, West Pharmaceuticals Services, Inc., a 503B outsourcing facility, released its Ready Pack containment system in November 2019. This system is comprised of sterile, ready-to-use (RU) NovaPure stoppers, Daikyo Crystal Zenith cyclic olefin polymer vials, and Flip-Off (clean, certified, sterilized) CCS seals.
The U.S 503B Compounding Pharmacies Market is estimated to be valued at US$ 985.6 million in 2022 and is expected to exhibit a CAGR of 7.6 % over the forecast period (2022-2030)
Major Players in the U.S. 503B Compounding Pharmacies Industry:
1. Central Admixture Pharmacy Services, Inc
Central Admixture Pharmacy Services, Inc in 1991 and it’s Pennsylvania, 18106, United States. The company operates in 66 countries. In 2021 increasing launches of 503B compounding pharmacies in the U.S and ... Central Admixture Pharmacy Services, Inc.
2. Nephron Pharmaceuticals Corporation
Nephron Pharmaceuticals Corporation, founded in 1997, and its Headquarters located in Columbia, SC.. The company operates in 140 nations.
3 QuVa Pharma
QuVa Pharma, was launch in 2015 and it’s headquarter located Sugar Land, Texas, United States.it operate over 50 country. In 2023 QuVa Pharma, New Sterile Compounding Pharmacy Services Company, Acquires 503B Manufacturing Facility From Healix Equity Commitment
4 Olympia Pharmacy
Olympia Pharmacy was launch in 2009 and it’s headquarter Indianapolis, Indiana, United States.it operate over 18 country. Olympia Pharmacy is a 503B pharmaceutical outsourcing facility and 503A pharmacy providing access to age management and nutritional medications.
5 ASP Cares
ASP Cares was founded 2010 with its headquarters in Dallas, Texas, United States. With businesses in over 40 countries.
6. Fagron Compounding Pharmacies
Fagron Compounding Pharmacieswas launch in 1990. And its headquarter - Rotterdam (the Netherlands).. It operate over 70 country. In Fagron, the leading global player in pharmaceutical compounding, has acquired from Fresenius Kabi a 503B outsourcing facility in Boston.
7 Athenex, Inc
Athenex, Inc founded in 2003 and it’s headquarter located Buffalo, New York, United States. It operate over 70 country.
Definition- The process of combining, blending, or modifying substances to make a treatment specific to the requirements of a certain patient is known as drug compounding. Combining two or more medications is considered compounding, and the FDA has not approved these medications.
