Why Contract Research Organizations Are So Hot

With more drugmakers outsourcing more trials to contract research organizations, few should be surprised that the CRO sector is generating investor interest. The attention-grabbing deal announced this week in which two private equity firms – Carlyle Group and Hellman & Friedman – agreed to pay $3.9 billion in cash to buy Pharmaceutical Product Development is no random bet.

http://www.forbes.com/sites/edsilverman/2011/10/04/why-contract-research-organizations-are-so-hot/

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