TMCnet News
Research and Markets: Deutsche Bahn, DHL, FedEx and UPS Dominate the Global Clinical Trial Supply and Logistics Market, 2015 Report SaysResearch and Markets (http://www.researchandmarkets.com/research/28tq3v/global_clinical) has announced the addition of the "Global Clinical Trial Supply and Logistics Market 2015-2019" report to their offering. Global Clinical Trial Supply and Logistics Market to Grow at a CAGR of 8.87% over the Period 2014-2019. According to the report, the global clinical trial supply and logistics market is primarily driven by the increased demand for outsourced clinical services. CROs help to offset the high cost of the development of new therapies. Companies in developed countries aggressively seek to reduce costs, defer or limit future investments, and realign operating models with lower revenue levels. Thus, the economic conditions in developed countries are expected to drive the demand for outsourcing services. For instance, Merck along with Advinus Therapeutics outsourced the R&D of its drugs for metabolic disorders, namely, Orchid Pharma for antibacterial compounds andPiramal for oncology drugs. One of the challenges is inefficient product labeling, which can lead to the mishandling of products during transportation because of the unavailability of product details such as temperature and manufacturing specifications. Key Topics Covered
Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/28tq3v/global_clinical
View source version on businesswire.com: http://www.businesswire.com/news/home/20150820005444/en/ |
