News Related to CHO Cell Lines

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Global Generic Drugs Market Reaches $389 Billion, Poised for Growth to $675 Billion by 2033

Mar 23, 2026

The global generic drugs market reached $389 billion in 2024 and is projected to grow to $675 billion by 2033. In the U.S., generics account for 91% of prescriptions but only 18% of drug spending, saving over $373 billion annually. Biosimilar adoption remains below 20% despite some products reaching over 60% market share within three years.

Antibody Market Poised for Strong Growth Through 2033 Amid Therapeutic Demand

Feb 16, 2026

The global antibodies market is projected to reach $667.8 billion by 2032 with a 12.9% CAGR, while high throughput antibody production services are expected to grow at 11.2% CAGR through 2033, driven by biopharmaceutical development and monoclonal antibody therapeutics demand.