Value of pharma outsourcing deals 'on track for record-breaking year'
The value of pharmaceutical outsourcing deals rose from $9.9 billion in 2014 to nearly $17.6 billion this year, according to research and consulting firm GlobalData.
The company attributes the rise in value primarily to a drastic increase in merger and acquisition deals, which has nearly doubled from $5.5 billion in 2014 to nearly $12 billion to October this year.
In an article for Arena International’s Clinical Trial Year Book 2016 (ADD LINK), Adam Dion, GlobalData’s senior healthcare industry analyst, said it puts the sector on track for a record-breaking year.
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