Get the latest insights on price movement and trend analysis of Rifampicin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Rifampicin Price Trend for the First Half of 2023
Rifampicin is an antibiotic drug that is extensively used to aid TB (Tuberculosis). The Rifampicin prices showed a rapid rise over the discussed period of H1 2023. The prices had been rising for most pharmaceutical drugs since the onset of Covid 19 pandemic as globally, the demands surged overnight, but the disrupted supply chains made the transportation and procurement processes difficult. Also, the manufacturing countries restricted the supplies to ensure domestic medicine security first. But as the restrictions are over now in most parts of the world, the prices were expected to go back to normal; however, the opposite is happening. The prices have doubled compared to the pre-pandemic levels.
The biggest driver behind the price surge is the rise in raw material API costs. As India and China account for more than 70% of global generic drug manufacturing, a price surge in this region had an impact on global Rifampicin prices. India is the key manufacturer but is almost completely dependent on Rifampicin’s active pharmaceutical ingredients in China. As China raised the API prices, the Rifampicin prices also rose.
According to Procurement Resource, the price trends for Rifampicin are likely to exhibit positive projections as the prices are likely to rise further, given the actively rising manufacturing costs.
Procurement Resource provides latest prices of Rifampicin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Rifampin, often known as rifampicin, is a macrocyclic antibiotic having significant action against mycobacteria that is frequently used in conjunction with other medications to treat tuberculosis. A semi-synthetic antibiotic produced from Amycolatopsis rifamycinica, rifampicin is a member of the rifamycin family.
As an EC 22.214.171.124 (RNA polymerase) inhibitor, DNA synthesis inhibitor, antitubercular agent, leprostatic drug, Escherichia coli metabolite, protein synthesis inhibitor, neuroprotective agent, angiogenesis inhibitor, pregnancy X receptor agonist, antineoplastic agent, antiamoebic agent, and geroprotector, it also plays these other roles.
|Industrial Uses||Antibacterial medicine|
|Molecular Weight||822.9 g/mol|
|Supplier Database||Wellona Pharma, AVANSCURE LIFESCIENCES PVT. LTD, Hebei Xingang Pharmaceutical Co., Ltd., Mercator Pharmaceutical Solutions|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this procedure, a Nocardia mediterranei culture is utilised to inoculate a fermentation media made of starch, glucose, starch from soybeans, peanut meal, and other ingredients. The result of the fermentation is rifamycin B, which is then transformed into rifamycin-O, rifamycin-S, rifamycin SV, and lastly rifampicin.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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