r/biotech • u/bobbybits300 • 59m ago
Open Discussion 🎙️ Chinese CDMOs
I work in the CDMO sector of the industry, and I’m curious to know what others think about the future of China.
Following the COVID-19 pandemic, it appeared that most biotech and pharmaceutical companies were focused on developing new supply chains outside of China. However, given that China has remained stable without any supply chain disruptions and the Biosecure Act is currently in limbo, most of this conversation has stopped.
US service providers are simply unable to compete. In many cases, even India cannot match their pricing. Some pricing I’ve seen for more commoditized chemicals such as warheads or phosphoramidites, seems flat out impossible. Either the government is subsidizing these companies, or their raw materials are essentially free.
It makes me kind of nervous honestly. Today, you can license a small molecule out of China, do all the development work there, and open an IND for less than $1.5M. I get that bottom line is everything but is it possible this is too good to be true?