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See Latest ArticlesDeclining Market Demand Intensifies Competition
BioPharm, 05/14/09
The year 2008 ended badly for many contract research organizations and contract manufacturing organizations, and 2009 has not started off very well either. That's especially true for service providers that support early development. Revenues for CROs offering preclinical toxicology services actually fell in the fourth quarter of 2008 versus a year earlier, and the first quarter of 2009 was down as well. CMOs offering process development and clinical supplies manufacturing services for both small- and large-molecule active pharmaceutical ingredients were similarly hit hard.
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