Early Phase Clinical Trial Outsourcing Market Recorded Strong Growth in 2027 ; COVID-19 Pandemic Set to Drop Sales
Clinical trials are generally conducted to collect data regarding safety and efficacy of new drugs and devices development. There are multiple stages of drug approval in clinical trial process before drug or device can be sold in the market. In general, drugs or devices must undergo several phases of clinical trial that include preclinical, clinical trials to get market approval. Clinical trials are done on human subjects in different phases such as phase 0, phase 1, phase 2, phase 3,...
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