Specialisation impacts the European Contract Research Services market
publication date: Apr 7, 2008
Research within the pharmaceutical industry has tripled in the past 25 years, with the pipelines of the top companies doubling. Stricter regulations, guidelines, price and reimbursement legislation all result in a changing business environment. The growing market in drug development and increase in research and development (R&D) investment, including that of small service companies; coupled with an increase in development costs; the importance of timely development of new products and the aim of reducing time-to-market are all important financial considerations for achieving business growth.
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