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Report: Over one third of clinical trials are outsourced by pharma companies

Pharmaceutical companies are outsourcing drug research more frequently, and when they do they are handing off larger portions of the operation than ever before, reports Kalorama Information. Over a third of clinical trials conducted by pharmaceutical companies are now outsourced outside of the organization, according to the healthcare market research publisher’s findings detailed in Outsourcing in Drug Development: The Contract Research (Clinical Trial) Market. The portion of global R&D expenses outsourced to contract drug developers reached $36.6 billion in 2011, up 6.6% from $31.8 billion in 2009.

Posted in: Clinical Trials on 01/21/2012 | Link to this post on IFP |
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