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News / Jan 19, 2024

Hovione Macau awarded by the Government of Macau at a Ceremony held in Macau

Exciting News Alert from Hovione in Macau

Hovione Macau awards the Medal of Merit from Macau Government at a ceremony | Hovione

Hovione Macau was recently awarded the Medal of Merit for Industrial and Commercial Excellence by the Government of Macau, a Special Administrative Region of the People´s Republic of China. This prestigious award recognizes the company's nearly 40 years of outstanding contribution to the pharmaceutical industry in Macau.

Eddy Leong, Site Manager of Hovione Macau, accepted this prestigious Medal on behalf of Hovione at the ceremony held in Macau. Eddy Leong expressed his gratitude for the award and emphasized the company's commitment to working with partner organizations to create rewarding career opportunities in life sciences.

Hovione Macau awards the Medal of Merit from Macau Government at a ceremony | Hovione

Read this press release to learn more about the Medal of Merit awarded by Hovione.

If you would like to explore our open opportunities in Hovione Macau, please visit our Careers Website

 

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The global inhalation contract development and manufacturing organization (CDMO) market is projected to grow from USD 9.13 billion in 2025 to USD 16.68 billion by 2035, reflecting a compound annual growth rate (CAGR) of 5.7% during the forecast period. This growth is driven by the increasing prevalence of respiratory diseases, advancements in inhalation drug delivery technologies, and the rising demand for outsourced manufacturing services in the pharmaceutical industry. The inhalation CDMO market has emerged as a pivotal segment in the pharmaceutical contract development and manufacturing industry. With a rising demand for inhaled therapies for conditions like asthma, COPD, and cystic fibrosis, companies are increasingly outsourcing drug development and production to specialized partners. Inhalation CDMO services cater to both large pharmaceutical corporations and small biotech firms, offering expertise in formulation, device compatibility, regulatory support, and scale-up manufacturing. This market is gaining traction due to the complexity of inhalation drug delivery, which often requires niche technical capabilities and specialized equipment. Outsourcing to an inhalation CDMO allows drug developers to reduce time-to-market while ensuring quality and compliance with global standards. (...) Top Companies Several players dominate the inhalation CDMO market through technological expertise, global reach, and service portfolio diversity: (...) Hovione – Offers particle engineering and inhalation development, with a focus on dry powder inhalers. (...) These companies are continually investing in facilities, talent, and technology to meet evolving customer needs in the inhalation CDMO market.   Read the full article on Pharmiweb.com        

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