Contract Research Organizations (CROs), also known as Frost & Sullivan, are organizations or institutions that are entrusted by pharmaceutical companies or other R&D institutions to conduct partial or all medical trials during the drug development process in order to obtain commercial remuneration. Clinical CRO services include technical services for Phase I to IV clinical trials, management and statistical analysis of clinical trial data, registration filings, and post-marketing drug safety monitoring. These are highly specialized outsourcing services with extremely high professional requirements. With breakthroughs in new drug technologies, pressure from healthcare insurance negotiations, and national encouragement of innovation, innovative drugs are gradually entering clinical trials, rapidly increasing the demand for clinical CRO services. The future market prospects are broad. For this reason, based on research into the market, Frost & Sullivan has released the 'Research Report on the Pharmaceutical R&D Outsourcing Service Industry'.
If you have further research needs regarding the pharmaceutical R&D outsourcing service market, please contact us:
Mr. Mao from Frost & Sullivan
Tel: (+86) 159-2139-6033
E-mail: fred.mao@frostchina.com
