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Data points to the “bottom being in” and for 2024 to be significantly better for growth, valuations, and capital.
November 1, 2023
By: Tim Wright
Editor-in-Chief, Contract Pharma
New research from the CPHI Annual Report 2023—launched during CPHI Barcelona, the world’s largest pharma event, held at Fira Barcelona (October 24-26th, 2023)—points to an uplift ahead for biotech funding and a consequential follow through of growth for pharma contract services. Analysis was provided by CPHI Report expert, Brian Scanlan of Edgewater Capital, who states that liquidity in the biotech and mid-sized pharma market is typically a proxy of growth for the CRO/CDMO sector. Significant...
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