CDMOs Rush to Add Syringe Capacity Amid Soaring Demand for Obesity Drugs
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Companies are investing billions to expand capacity for filling syringes used for weight-loss drugs like Wegovy and the upcoming Mounjaro.
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Demand is soaring for self-injection obesity drugs, with the market potentially worth up to $100 billion in a decade.
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WuXi, Catalent, Lonza, Fujifilm and Vetter are among the CDMOs racing to add pre-filled syringe capacity.
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Thermo Fisher is converting COVID vaccine capacity for obesity and diabetes drugs amid huge shortages.
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Supply constraints likely to persist with projects only completing in 2024-2026, limiting how fast the obesity drug market can grow.