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European Pharmaceutical Contractor
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In 1988 I edited the very first edition of the Technomark Register. At that time we decided to generate two volumes - one for the UK and Ireland and the other for what we chose to call internally 'the rest of Europe'. We set ourselves the objective of including a minimum of 100 CROs as we felt that there was that number of companies in each of the territories. And what a struggle it was. In the end we hit target for the UK, although looking back we did bend the rules a bit by including a few 'one man bands' to make up numbers. A few months later we managed to achieve the same objective for the European volume. I did not calculate the total annual revenue for the companies at that time, but I would be surprised if the total for the whole of Europe was in excess of US$400 million, with a similar figure for North America - effectively at that time 'the rest of the world'. In the 14 years since the first
publication, the market has grown 20-fold to a figure that we estimate to be US$8 billion.
This figure is calculated from the figures reported in the latest editions of the Technomark Register that we have recently published. No longer do we struggle to find 100 companies, no longer do we bend the inclusion rules to make up the numbers. No, we include over 1,500 companies in 40 countries in a mammoth series of volumes that weigh in at over 10kg and occupy 30cm on my bookshelf. (For a detailed discussion of the global CRO market see the article by Marianne O'Neill and myself). It is of constant wonder to me that a market of this sort of scale and scope is as little known and researched as the CRO market. EPC is one of a handful of publications that concentrate exclusively on the CRO scene while books and market research reports are very few and far between. That a market of vital importance to the pharmaceutical industry receives so little attention remains a mystery to me - thank goodness for EPC!
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