Breaking News, Collaborations & Alliances

Microtest, Texcel Collaborate for Combo Product Testing and Development

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Microtest Laboratories and Texcel Medical have formed a strategic alliance to assist pharmaceutical manufacturers and biotechnology companies in the development of combination products. Combo products, consisting of medical devices embedded with pharmaceutical or biologics components, comprise approximately 30% of new products under development, according to a joint statement from the companies, and are growing at a 10% compound annual growth rate, with a market expected to reach $9.5 billion...

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