MedWatch

International interest creates booming growth rates for contract research

Contract research organizations all over the world experience unprecedented growth rates, especially because more and more drug groups bring in external innovation from biotech companies.

Foto: /Ritzau Scanpix/Claus Fisker

There is plenty of work for the world's contract research organizations (CROs) these years, and many companies present two-digit growth rates. In five years, the global CRO sector's estimated value has increased from USD 25 billion to USD 37 billion, and future expectations for the industry are sky-high.

The interest also benefits Danish CROs that experienced an increasing demand for services like consultancy, logistics for experimental drugs and the traditional clinical research service.

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