U.K. Biotechnology & Pharmaceutical Services Outsourcing Market
The U.K. biotechnology and pharmaceutical services outsourcing market was estimated at USD 2.3 billion in 2020 and is projected to expand at a compound annual growth rate (CAGR) of 6.9% from 2021 to 2028. This is due to growing drug development costs coupled with high clinical development failure rates and increasing outsourcing of R&D activities.
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