SOURCE: Industrial Info Resources

Industrial Info Resources

February 13, 2013 06:15 ET

Big Pharma Keeps CMOs and CROs on Speed Dial, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Feb 13, 2013) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- Outsourcing can no longer be regarded as the wave of the future. At least in the case of the Pharmaceutical-Biotech Industry, the practice of utilizing contract manufacturing organizations (CMOs) and contract research organizations (CROs) has become commonplace. Called "one of the greatest organizational and industry structure shifts of the century," outsourcing is now considered essential within the pharmaceutical-biotech industry, as companies outsource at almost every stage of the value chain.

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