The Chinese pharma outsourcing industry has become a major force. Although, at present, not many China-based service providers are in the position to make acquisitions or mergers abroad, having a business operation closer to customers is a model many Chinese service providers are considering.
As more experience is accumulated, it is likely that the service capabilities of many China-based service providers will be enhanced. In addition to vertical growth, more consolidations will occur in the near future, which will go a long way toward providing integrated services.
In the not so distant future, Chinese companies will expand their services to include biology- and molecular biology-related areas. These service providers will be rewarded by small-sized pharma/biotech companies that prefer one-stop shopping. In addition, small but well-established China-based CROs/CMOs will further strengthen their service capabilities by developing new technologies in niche areas, thus becoming favored partners for large pharma or biotech companies.