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Follow on Google News | Roots Analysis has announced the addition of "In Vitro ADME Testing Services Market, 2019-2030"Roots Analysis has announced the addition of "In Vitro ADME Testing Services Market, 2019-2030" report to its list of offerings.
By: Roots Analysis According to the US Food and Drug Administration (USFDA), less than 10% of investigational new drug (IND) candidates progress beyond the submission of a new drug application (NDA); this implies that majority of the drug / therapy candidates fail to reach the market owing to unacceptable safety and efficacy profiles and the problems associated with their pharmacokinetic profiles, ADME properties and inherent toxicity. ADME studies are considered to be critical in establishing the safety and efficacy of drug candidates. To order this 280+ page report, which features 135+ figures and 120+ tables, please visit this link Key Market Insights Nearly 100 players currently claim to provide in vitro ADME testing services Nearly 60% of these companies are small and mid-sized firms. Further, close to 35% of the CROs engaged in this domain, claim to provide services to both pharmaceutical companies and academic institutes. Nearly 80% of in vitro ADME testing service providers are based in the developed geographies Within North America, the US has the maximum number of players, whereas, in Europe, most of the service providers are distributed across France, Germany, the UK, and Spain. On the other hand, there are companies that are using this approach for drug discovery operations, in emerging regions, such as Australia, India and China, as well. Over 85% companies claim to offer assays for drug metabolism and elimination testing Nearly 95% CROs have received operational approval and certification from the USFDA In addition, companies have received necessary certifications from the EMA (50%), MHLW / PMDA (15%), ICH (13%), WHO (11%), MHRA (11%), followed by CFDA / MFDS / SFDA (9%) and TGA (4%). For additional details, please visit https://www.rootsanalysis.com/ You may also be interested in the following titles: 1. In Silico / Computer-Aided Drug Discovery Services Market: Focus on Large Molecules (https://www.rootsanalysis.com/ 2. AR / VR based Healthcare Digital Marketing Service Providers Market, 2020-2030 (https://www.rootsanalysis.com/ 3. Bioavailability Enhancement Technologies and Services Market, 2020-2030 (https://www.rootsanalysis.com/ Contact: Gaurav Chaudhary +1 (415) 800 3415 Gaurav.Chaudhary@ End
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