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CPhI survey shows improving outlook for pharma economies globally, with China and India showing the fastest improvement
October 22, 2018
By: Tim Wright
Editor-in-Chief, Contract Pharma
CPhI Worldwide has closed its 29th edition with pre-audit figures showing the most international audience in the event’s history, with a total unique attendance of 44,500—over 39,000 of which were international. This year’s event highlighted a number of new trends across the industry and collectively with bioLIVE—the bioprocessing and manufacturing exhibition added in 2018—played host to more than 150 sessions. Held at the IFEMA center in Madrid (October 9-11), attendees came from a record 164 countries, with 47% at C-level or above. The new addition at this year’s event and one of the biggest overall trends to emerge is the integration of small and large molecules—with bioLIVE bringing the biologics supply chain into the wider CPhI family. Sessions here highlighted the developments in cell and gene therapies, biosimilars and capacity challenges in Europe, USA and Asia, as well as new manufacturing and processing techniques. CPhI Worldwide is widely used as a barometer of pharma’s overall health—as a platform that brings together global pharma—and a strong event is reflective of a prosperous pharma sector. The industry looks set for a strong 2019, as CPhI Worldwide received more than 103,000 visits over three days. Emphasizing the strength of global pharma over the past year, in the annual survey conducted for CPhI Worldwide (CPhI Pharma Index), eight of ten top nations improved their overall score across all categories—with table topping nations the U.S. and Germany the only countries not to improve. In fact, for the second year running Germany, Japan and the U.S. emerged as the top-ranked, tier-one nations for pharmaceutical quality and overall score—with India and China making dramatic strides in raising their overall reputations (see Table 1).
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