Industry Analysis & Industry Trends
The Clinical Trial Support Services industry is relatively young, with the main industry participants emerging in the 1980s and 1990s as the pharmaceutical industry first began to outsource these services. The two largest companies in the industry are Quest Diagnostics, which operates through its Focus Diagnostics subsidiary, and Laboratory Corporation of America Holdings Inc. The industry is, for the most part, highly fragmented. Clinical trial software technologies, such as electronic data capture have allowed smaller companies in the industry to compete more effectively. Demand for these services is primarily dependent on research and development spending and the tendency of companies to outsource these services.... purchase to read more
What is the Clinical Trial Support Services industry?
Companies in this industry provide medical clinical trial services. Typically, industry operators will provide preclinical trial preparation work, track and record result, and prepare data for regulatory submission and data storage... purchase to read more