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Article: Speed To Market, Global Expansion Puts Pressure on Pharmaceutical Companies; Trends Driving Emergence and Growth of Contract Research Organizations.
- Article from:
- Business Wire
- Article date:
- October 19, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OSAKA, Japan--(BW HealthWire)--Oct. 19, 1999--
Drug development cycle times and exclusivity periods are getting shorter. Pharmaceutical companies are increasingly taking their products global to maximize return on investment.
It all adds up to a booming business for the Contract Research Organization, according to Dr. Candace Kendle, Chairman and CEO of Kendle, the 10th largest public U.S. CRO, based in Cincinnati, Ohio. Dr. Kendle delivered this message during a presentation today to some of Japan's leading pharmaceutical executives at the Japanese Pharmaceutical Industry Legal and Business Affairs Association.
Contract Resource Organizations ...