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2004 worldwide CRO market size is $9.3 billion, up 21% since 2001(Centerwatch Monthly, May 04).
Pharma and Biologics markets are a $12 billion dollar industry (Centerwatch Monthly, May 04).
$1.7 billon is the average cost direct & indirect to bring a drug to market (Bain & Co, Dec 2003).
CRO Usage for Phase I-III projects is 64% (Centerwatch Monthly, May 04).
Outsourced R&D expenditures is expected to grow to $27.9 billion by 2008, where CROs are expected to get 2/3 of these expenditures (R&D Direction, Sept2004).
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