Wednesday 24 June 2015, Amsterdam
The report recognizes the following companies as the key players in the global ADME-Toxicology testing market: Accelrys (Dassault Systemes), Agilent Technologies, Bio-Rad Laboratories, Promega, Sigma Aldrich and Thermo Fisher Scientific
Other Prominent Vendors in the market are: Cyprtorex, CytoPulse, Entelos, LI-COR Biosciences, Mattek, Miltenyi Biotec, Molecular Toxicology, Quintiles, RTI Health Solutions, SBW, Xenobiotic Detection Systems and Xenometrix
Commenting on the report, an analyst said: “The emergence of cell-based assays in the drug development process has enabled drug manufacturers to use the right technology in conducting ADME-toxicology testing and reduce the duration of the drug approval process.”
According to the report, the increase in demand for various toxicology testing procedures from biotechnology and pharmaceutical companies is one of the major drivers of the market. These tests help evaluate the safety profile of a drug, thus reducing the duration of the drug approval process.
Further, the report states that the high cost of the test is a major challenge hindering market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Publish date : June 2015
Report code : ASDR-205557
Pages : 97