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The CRO industry is an emerging industry developed in China in the past two decades. The pharmaceutical outsourcing industry originated in developed countries in Europe and the United States, but subject to high R&D costs, the industry has gradually shifted to emerging developing countries such as China and India. In 1996, MDS Pharma Service investedRead more

Analysis of the Development Status of the Global CRO Industry From the perspectives of R&D expenditure and outsourcing rate, the global CRO industry has gradually begun to recover after experiencing a low boom in 2008-2012. ——R&D Expenditure: In recent years, new treatment methods, new drug discovery technologies have continuously emerged, primary market financing has beenRead more

On a global scale, the pharmaceutical industry is facing tremendous pressure to control costs, because all large pharmaceutical companies are currently reducing their internal capabilities in manufacturing, R&D, and marketing, and costs are mainly turned to outsourcing. CRO has become an indispensable part of every pharmaceutical company because they often rely heavily on outsourcing servicesRead more

As one of the six strategic emerging industries supported by the Sci-tech Innovation Board, the biomedical industry has sent a number of innovative drug companies to the Sci-Tech Innovation Board. Behind these innovative drug companies, drug R&D service outsourcing (CRO) companies continue to empower innovative drug R&D with a sharper innovative vision and more cutting-edgeRead more

As an important link in the R&D industry chain of pharmaceutical companies, the CRO industry has obtained important development opportunities and the scale of the industry has grown rapidly. China is the world’s second largest drug-using country and the fastest growing economy in the global drug market. The national pharmaceutical policy is gradually clarified, theRead more

CRO (Contract Research Organization) is mainly engaged in the design and consultation of clinical trial protocols and case reports, as well as trial supervision, data management, statistical analysis and submission of systematic evaluation results. The global CRO market is still growing steadily. The current market size is about 40 billion U.S. dollars, with an averageRead more