Skip to content

New Raw Material Product Launch Strategy in the Biopharmaceutical Market: A Case Study of Avantor's Successful Market Entry

WonHyun Hwang Primary Contact
Abstract

The global biopharmaceutical industry presents significant growth potential, with substantial investments and business expansions underway not only in global markets but also across Asia, where many governments have prioritized biopharmaceuticals as a key growth driver. (1) Background/Purpose: Despite growing demand for new raw materials driven by innovations in mRNA vaccines, viral vectors, antibody-drug conjugates (ADCs), and bispecific antibodies, Avantor recorded zero revenue in the biopharmaceutical raw materials market in the Asia, Middle East, and Africa (AMEA) region in 2022. This study analyzes how Avantor successfully overcame this challenge through the A3 Project, achieving revenues of $2,740,805.32 within ten months—a 680% excess over the initial $400,000 target—and derives strategic implications for new product launches in the biopharmaceutical supply industry. (2) Study Design/Methodology/Approach: This research applies the Kaizen/A3 lean methodology, incorporating process mapping (current and future state), problem definition, root cause analysis using the 5 Whys technique, and Fact/Opinion/Guess (F/O/G) analysis. Competitive analysis employs Porter's Five Forces model and SWOT analysis. Voice of Customer (VoC) interviews were conducted with AMEA pharmaceutical clients to identify unmet needs. (3) Findings: The root causes of zero revenue were identified as: insufficient product knowledge across all departments; lack of marketing and regulatory documentation; absence of internal training programs; limited sample availability with long lead times; inadequate competitive intelligence; and insufficient collaboration between global headquarters and regional offices. Process lead time was reduced from 741 days to 196 days through infrastructure optimization. Twenty action items were executed across four domains: internal infrastructure, marketing and branding, technical application support, and internal capability development. (4) Originality/Value: This study demonstrates that systematic project management (A3/Kaizen), customer-centric application service platforms, differentiated regulatory documentation support, and cross-functional collaboration between global and regional teams are essential success factors for new product launches in complex, highly regulated biopharmaceutical markets. The findings provide a replicable framework for suppliers entering emerging biopharmaceutical markets in Asia, the Middle East, and Africa.

References
  1. Protein Therapeutics Market Size to Surpass USD 566.82 Billion by 2030 (July 7). Retrieved from https://www.biospace.com/protein-therapeutics-market-size-to-surpass-usd-566-82-billion-by-2030
  2. Gene Therapy Market Size Poised to Surge USD 52.40 Billion by 2033 (April 18, 2024). Retrieved from https://www.globenewswire.com
  3. Cell Therapy Market Size to Grow At 22.67% CAGR Till 2033 (April 22, 2024). Retrieved from https://www.globenewswire.com/news-release/2024/09/05/2941682
  4. Rathore, A. S., Kumar, D., & Kateja, N. (2018). Role of raw materials in biopharmaceutical manufacturing: risk analysis and fingerprinting. Current Opinion in Biotechnology, 53, 99–105.
  5. Meeting the process development challenges of a diverse biologic pipeline. Retrieved from https://www.cytivalifesciences.com
  6. Development and manufacture of drug substance (Chemical entities and biotechnological/biological entities) Q11, pp. 6–65.
  7. 2021’s Bioprocessing Year In Review & 7 Key Takeaways. Retrieved from https://www.bioprocessonline.com
  8. Post-COVID Supply-Chain Challenges Are Easing, Part 1: New Competition Is Changing Industry's Buying Behavior. Retrieved from https://www.bioprocessintl.com
  9. Regulations in the European Union for the Use of Triton X-100 in the Pharmaceutical Industry. Retrieved from https://www.bdo.com
Keywords
biopharmaceutical raw materials new product launch strategy Kaizen/A3 methodology market entry Avantor CDMO application service regulatory documentation process development AMEA market
Details

Authors
WonHyun Hwang Primary Contact
Avantor Performance Materials
How to Cite
New Raw Material Product Launch Strategy in the Biopharmaceutical Market: A Case Study of Avantor’s Successful Market Entry. (2026). ASSIST Business Review, 2(5). https://jnl.ampla.page/abr/article/view/94