Increasing product launches and approvals are expected to drive the market growth during the forecast period.
Increasing product launches and approvals for lyophilized products are expected to drive the global lyophilized product market growth over forecast period. For instance, in May 2021, Dr. Reddy’s Laboratories Ltd., an Indian multinational pharmaceutical company, announced the launch of Ertapenem for Injection, 1 g/vial, a therapeutic equivalent generic version of INVANZ (ertapenem for injection) for injection, 1 g/vial approved by the U.S. Food and Drug Administration (USFDA) in the U.S. market
Figure 2. Global Lyophilized Product Market Share (%), By Packaging Type, 2021
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients