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Early Development Still Driving CRO Performance
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Companies providing early development services (including preclinical and Phase I research, bioanalytical and analytical chemistry, and clinical trial manufacturing and packaging) reported very robust operating results for the second quarter of 2004. Most CROs experienced a revenue increase of 20% or more for early development services, with preclinical, Phase I, and analytical chemistry especially strong. The only weak spot is European Phase I services, because the new clinical trials directive (CTD) seems to have retarded activity somewhat. European Phase I activity was especially strong ...
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