New Online Tool Showcases Growing MA Contract Research & Contract Manufacturing Cluster
February 25, 2013 (CAMBRIDGE, MA) -This morning, MassBio launched a new online portal to showcase the breadth and depth of contract research and contract manufacturing in Massachusetts. The MA CRO CMO Gateway is part of an initiative to market the complete continuum of services – from discovery through commercialization—available in Massachusetts.
A 2011 analysis by Tufts Center for the Study of Drug Development (Tufts CSDD) found a nearly four-fold increase in the number of contract research organizations (CROs) in the U.S. alone during the past decade. The market for contract services in the Greater Boston area alone has reached between $3.6 billion and $4.3 billion. There are 126 companies in Massachusetts providing contract non-clinical research, and 68 offering clinical research. Another 111 companies are providing CMC services for clients around the world.
The Gateway is powered by OnDeckBiotech, an online exchange for outsourced therapeutic R&D services. The OnDeckBiotech platform makes outsourcing faster, more secure, and more reliable. OnDeckBiotech was a 2012 MassChallenge winner.
The Gateway debuted in the opening session of MassBio’s second annual MA CRO CMO Symposium, a day of discussion on the role contract partnerships are playing in accelerating drug development. Visit the gateway here: http://www.massbio.org/economic_development/the_ma_cro_cmo_cluster