A professional company that mainly provides clinical research services for new drugs to pharmaceutical companies through contracts. CRO can organize a highly specialized clinical research team with rich clinical experience in a short time and reduce the management cost of the whole pharmaceutical enterprise. Entrusted by pharmaceutical companies or biotechnology companies, it provides professional services such as non-clinical and clinical trials, data analysis, and regulatory consultation required for new drug research and development.
brief introduction
According to the nature of work, CRO can be roughly divided into Pre-Clinical)CRO and clinical CRO. The clinical research of CRO is mainly based on clinical trials.
Simply put, the cooperation between pharmaceutical and medical device factories, hospitals and scientific and technological institutions to develop new products is the product of further refinement of social division of labor. The most typical CRO giant among listed companies is Wuxi PharmaTech (603259), which I found near 50 yuan on 20 19 and listed as "10 Taurus" for my students. The stock soared from near 50 yuan to 1 19 yuan, doubling. Influenced by American businessmen, the stock's performance in the first quarter fell by 2 1.59%, but its share price remained above 100 yuan, indicating that the stock still has the potential to rise in the market.