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Cost & Speed: The Two Important Factors Of Bioanalytical Laboratory Services
Health

Cost & Speed: The Two Important Factors Of Bioanalytical Laboratory Services

Over time, pharmaceutical and biotech companies are increasingly outsourcing studies that are not core to their strategy. Today companies focus on being efficient by working on more complex internal projects to bring safe and effective drug products in a cost and time-effective manner. Such an approach ensures that sponsors are always on track in the drug discovery pathway. An increased efficiency, reduced costs, and optimal expertise are crucial features of a bioanalytical laboratory.  Bioanalytical laboratories have introduced new players to the drug discovery and development process. They help companies avoid the risks of acquiring expensive analytical equipment, especially when sponsors are in the initial developmental stage of a drug product. Moreover, expert partners such as...