Top Preclinical CRO Companies

The top players in the global preclinical CRO industry position the competitive market by relying on technological advancements, local development, and strategic partnerships to maintain a firm grip. Large businesses make investments to enhance their offerings through automation, AI, and specialized research skills. As firms aim to expand their share of the market and diversify their assets, mergers and acquisitions are prevalent. In this highly dynamic sector, competitive pricing and service customization are still central strategies for attracting customers.

• UK-based Lindus Health (2021): Through automating clinical trials, Lindus Health is drastically reducing trial costs and time. Their software minimizes the need for on-site visits by automating various stages of clinical studies, including data monitoring and collection. Their method has been implemented in 91 experiments and has proven to be effective in optimizing processes. Preclinical CROs stand to gain from Lindus Health's technology instantly because it hastens the R&D process and provides an efficient way of conducting clinical testing.

• US-Based Vial (2020): Vial is a technologically advanced CRO that seeks to automate clinical trials to make them more effective. The platform accelerates preclinical and clinical research stages by integrating electronic data collection, real-time monitoring, and AI analytics. Drug development delays, mistakes, and drudgery are done away with through this coming together of computerized systems. Through the optimization of resource utilization and minimizing the overall length of drug development, Vial's initiatives to digitize and automate trial administration have a direct positive impact on the preclinical CRO industry.

Top Player’s Company Profile

• Silo Pharma, Inc.

• WuXi AppTec (Hong Kong) Limited

• PsychoGenics Inc

• Frontage Laboratories

• Charles River Laboratories

• Labcorp Drug Development

• Evotec AG

• Covance (Labcorp)

• Medidata Solutions

• Syneos Health

• IQVIA

• Bioanalytical Systems, Inc.

• Pharmaron

• KCR

• Pharmaceutical Product Development (PPD)

• Worldwide Clinical Trials

• OncoOne