Be A Pioneer In The Clinical Trial Packaging Market Industry. Here’s What You’ll Need.

clinical trial packaging market
The global clinical trial packaging market is expected to grow at a CAGR of 4.23% during the forecast period. Major vendors in the global clinical trial packaging market include Bilcare Ltd., Caligor Coghlan Pharma Services, Corden Pharma International GmbH, Mawdsley-Brooks & Co. Ltd., PCI Pharma Services, Piramal Enterprises Ltd., Sentry BioPharma Services, Sharp, The WestRock group, and Thermo Fisher Scientific Inc., among others.
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Vendors are focusing on strategies such as M&A and partnerships to increase their share in the market. For instance, Sharp, in April 2017, the company acquired the pharmaceutical packaging facility from Daiichi Sankyo in Bethlehem, PA. The WestRock group, in September 2018, the company announced the completion of the acquisition of Schlüter, a provider of differentiated paper and packaging solutions and a German-based supplier of a full range of leaflets and booklets.
Similarly, Thermo Fisher Scientific Inc., in September 2019, the company entered into a collaboration agreement with Cedars-Sinai, a non-profit academic healthcare organization, for the development of a pathway to precision medicine through the development of liquid chromatography mass spectrometry-based workflows for clinical research applications. Hence, the increasing number of M&A and partnerships is expected to boost the growth of the global clinical trial packaging market during the forecast period.

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