Factors that Drove the Growth of API Biz in 2023
In the dynamic realm of pharmaceuticals, the Active Pharmaceutical Ingredient (API) has emerged as a powerhouse, experiencing rapid growth throughout the year 2023. As the biologically active core of medications, responsible for delivering intended medical effects, the significance of API transcends traditional pharmaceutical narratives.
An API is the biologically active component within a drug formulation that produces the intended therapeutic effect. Essentially, it is the core substance responsible for the medication's efficacy.
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