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Home > News > Market Flash > CPhI Worldwide to return in 2021

CPhI Worldwide to return in 2021

2020-10-21

CPhI Worldwide will be held next year in Milan (Fiera Milano) for the first time in over a decade - following its postponement in 2020. The event returns at an apt moment, as the pharma industry in Italy is anticipated to be one of the main beneficiaries of geo-diverse sourcing strategies.
Italy is Europe's largest producer and exporter of APIs - 85% are exported to North America, the EU and Japan[1] - and the 2020 CPhI Annual Report Survey indicates the country is well set for growth in 2021, as pharma looks for new manufacturing partners. The results show that Italy has improved its 'growth ranking' by 16% in a year - the largest rise of any country - with Western European API manufacturers predicted to be the 'biggest beneficiaries of supply chain changes' by some 47% of respondents.

To further empower the industry's growth, CPhI Worldwide 2021 will implement a 'hybrid event model', featuring onsite exhibition and conference agenda, as well as online sessions and matchmaking. Offering further encouragement for the prospects of attendees, nearly two thirds (61%) of the industry foresees an improved 'business outlook for pharma' in 2021, with 67% 'actively looking for new partners'.

CPhI Worldwide 2021 in Milan will feature all five co-located events; including P-MEC, FDF, ICSE, BioProduction and Innopack, with Informa's AllSecure Standards implemented - providing the most robust at-event biosafety measures, spanning dozens of special health&safety protocols.


Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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