4.9.3.2Vertical

Biologics & Cell/Gene Therapy CDMOs

CDMOs manufacturing biologic drugs and advanced therapies.

Market snapshot

These figures describe Contract Development & Manufacturing (CDMO) (4.9.3), the segment that Biologics & Cell/Gene Therapy CDMOs sits within — not Biologics & Cell/Gene Therapy CDMOs on its own.

FragmentationConsolidatingEstimate

Within pharmaceutical manufacturing (NAICS 325412); CDMOs are not separately identified, so the segment is not separately sized by the Census Bureau.

Business model & economics

Revenue model

Development and manufacturing fees on contracted capacity

Key economics

Recurring revenue
High

multi-year manufacturing contracts

EBITDA margin
20–30%
Capex intensity
High

Characteristics

  • Fast-growing outsourcing of complex manufacturing.
  • Biologics and sterile injectables drive demand.
  • Capacity, resilience, and reshoring concerns.

Geographic concentration

AlabamaAlaskaArizonaFloridaGeorgiaIndianaKansasMaineMinnesotaNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMississippiMontanaNew HampshireNew YorkOhioOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandColoradoMassachusettsNew Jersey

CDMO capacity concentrates in the pharma manufacturing belt — New Jersey and Massachusetts — with a growing Colorado bioprocessing cluster.

New JerseyMassachusettsColorado

U.S. Census Bureau — 2022 County Business Patterns (establishments by state), NAICS 325412. Concentration shown by location quotient.

M&A deal context

Deal activityHigh

Who’s acquiring

  • CDMO majors & strategics
  • Pharma-services consolidators
  • PE-backed manufacturing platforms

What’s driving deals

  • Acquisition of biologics and advanced-modality capacity.
  • Biologics and sterile-injectable demand.
  • Supply-chain resilience and reshoring.

Find Biologics & Cell/Gene Therapy CDMOs acquisition targets

Search Acquisera’s index for companies classified under Biologics & Cell/Gene Therapy CDMOs (4.9.3.2) and build a targeted deal pipeline.

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