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DUBLIN, Oct. 23, 2020 /PRNewswire/ -- The "Outsourcing in Drug Discovery, 9th Edition" report has been added to ResearchAndMarkets.com's offering. Outsourcing in Drug Discovery provides an in-depth look into the trends that are shaping the drug discovery outsourcing market today, and details the current and future global market.Outsourcing drug discovery is the beginning phase of the drug development process. Through outsourcing portions of their drug discovery programs, many pharmaceutical and biotechnology companies have found an effective cost-cutting strategy that can also improve the hit-to-lead conversion and early identification of unsuccessful compounds. In view of the fact that outsourcing can accelerate the drug discovery process, the business of contract drug discovery has evolved from providing low-end research services to more value-added high-end research. The pharmaceutical industry has a long history of outsourcing non-core functions. However, over the past two decades, this pattern changed as companies began routinely outsourcing a number of core functions, such as clinical trial management, and manufacturing. Although drug discovery is one of the more recent core functions to be outsourced, increasingly portions of the drug discovery process are being outsourced today. Current trends in the pharmaceutical industry and the broader global economy are creating new opportunities as well as challenges for drug developers. Pharmaceutical and biopharmaceutical companies outsource to contract research organizations (CROs) certain R&D functions to gain expertise in specialized knowledge in technology for a particular therapeutic area, for clinical trials, or for regulatory affairs in a particular country or territory. Outsourcing has been used in the pharmaceutical industry for more than 20 years. However, outsourcing drug discovery functions, typically considered a core in-house function, has a more recent history. Outsourcing in Drug Discovery looks at the role of a CRO, outsourcing models, the need for effective communication for a successful partnership, and the challenges of protecting IP rights. The globalization of contract drug discovery is advancing quickly. A growing number of international CROs have expanded into Asia through alliances or acquisitions, while others are building new facilities in Asia. The report explores the robust growth of outsourcing drug discovery in Asia, specifically outsourcing to China and India. Outsourcing to Eastern Europe is examined as well. In today's environment, no market report would be complete without discussion of the impact of the outbreak of coronavirus and its resultant disease, COVID-19. The report examines the impact of the virus across a spectrum of issues affecting the outsourcing market: Global Macro Trends and Coronavirus Supply Chain Impact of Coronavirus Cultural Implications of Coronavirus R&D Spending and Impact of Coronavirus Opportunities Created by the Coronavirus Issues Related to Coronavirus in Terms of Outsourcing to China, India, or Eastern Europe Outsourcing in Drug Discovery provides profiles containing history and lines of business, drug discovery services, and financial data of the following competitors in the market: Albany Molecular Research, Inc. Aptuit, a Division of Evotec AG Asclepia MedChem Solutions Asinex Ltd. AsisChem Inc. Aurelia Bioscience Ltd Axxam SpA BioDuro Charles River Laboratories, Inc. Charnwood Molecular ChemBridge Corp. Chemical Diversity Inc. (ChemDiv) ChemPartner Co., Ltd., subsidiary of ShangPharma Chengdu Pioneer Drug Development Co., Ltd. Covance Inc. (Laboratory Corporation of America) CreaGen Biosciences, Inc. Crown Bioscience Cyprotex PLC, an Evotec AG Company Domainex Enamine Ltd. Eurofins Scientific S.E. Evotec AG Exelgen Discovery GVK Biosciences Private Limited (GVK Bio) GenScript USA Inc. Hutchison MediPharma, Ltd. Jubilant Biosys Ltd. (JBL), a subsidiary of Jubilant Life Sciences Ltd. Nanosyn, Inc. Olon Ricerca Biosciences Pharmaron, Inc. Selcia Ltd Selvita S.A. Shanghai Medicilon, Inc. Sundia MediTech Company, Ltd. Sygnature Discovery Limited TCG Lifesciences Pvt Ltd. Viva Biotech, Ltd. WuXi AppTec Co. Ltd. Key Topics Covered: 1: Executive Summary2: Introduction To Outsourcing Drug Discovery3: The Drug Discovery Process4: Outsourcing Drug Discovery5: Drug Discovery Outsourcing Market6: Competitor ProfilesAppendix: Company Names And Addresses 2-Y Chem, Ltd. Abgenix Abmax Biotechnology Absorption Systems Acesys Pharmatech Actimus Biosciences Pvt. Ltd. Activx Biosciences Advinus Therapeutics Pvt. Ltd Affinium Pharmaceuticals Agios Pharmaceuticals Albany Molecular Research, Inc. Albermarle Corp. Alphora Research Inc. Ambit Biosciences Corp. Amgen, Inc. Antabio Pharmaceutical Apredica Aptuit, A Division Of Evotec Ag Aptuit, Llc Asclepia Asclepia Medchem Solutions Asinex Ltd Asischem Inc Asischem, Inc. Astex Therapeutics Astrazeneca Asymchem Laboratories Co., Ltd Asymchem Laboratories Inc. Aurelia Bioscience Ltd Aurigene Discovery Technologies Ltd. Axxam Spa Berg Health Bioanalab Limited Bioblocks Incorporated Biocentrum Cell Laboratories, A Division Of Selvita S.A. Biocius Life Sciences, Inc Bioduro, Inc Biogen Idec Biolog, Inc. Bioneeds Bionomics Ltd. Bioreliance Corporation Biovays Sas Biovision Ag Boehringer Ingelheim Pharmaceuticals, Inc. British Columbia Cancer Agency Caliper Life Sciences Cambridge Antibody Cambridge Major Laboratories, Inc Cantab Biopharmaceuticals Ltd, Carysbio Holding Ltd. Cayman Chemical Celera Genomics Cell & Molecular Technologies Cellcentric Ltd Cellzome Ag Cetek Corp. Charles River Laboratories, Inc Charnwood Molecular Chembiotek Chembridge Corp. Chemdiv Chemical Diversity Inc. (Chemdiv) Chemizon Ltd Chemmodeling, Llc.. Chemotargets Sl Chemovation Ltd. Chempartner Co., Ltd., Subsidiary Of Shangpharma Chemshop Bv Chengdu Pioneer Drug Development Co., Ltd. Chiesi Farmaceutici Sp Comgenex Inc Compugen Covance, Inc Creagen Biosciences, Inc Creative Biostructure Cresset Drug Discovery. Crown Bioscience Inc. Curagen Corp. Cychem, Inc Cyprotex Plc, An Evotec Ag Company Dalton Chemical Laboratories Inc. Debiopharm International Sa Deltagen Discoverybiomed, Inc. Domainex Doubletwist Inc. Dr. Reddy'S Laboratories, Ltd. Dynogen Pharmaceuticals, Inc. Elan Pharmaceuticals Elexopharm Gmbh Ely Lilly And Company Em Industries, Inc. Emerald Biostructures Enamine Llc Endo Pharmaceutical Ensemble Discovery Corporation Epiclone, L.A. Eurofins Advinus Limited Eurofins Scientific S.E. Evolus Inc. Evotec (Asia) Pte. Ltd. Evotec (India) Private Limited Evotec Ag Exelgen Discovery Exonhit Therapeutics Sa Exsar Exscientia Flourous Technologies Galapagos Nv Gene Logic Inc Geneformatics Inc. Genentech, Inc. Geneprot Genezyme Corporation Genome Biosciences, Inc Genome Therapeutics Genomics Collaborative Inc Genops Bioinformatics Inc. Genoway Genscript Biotech Corporation Genta, Inc. Gilead Sciences Glaucus Proteomics Bv Glaxosmithkline Gpc Biotech Ag Graffinity Pharmaceuticals Gmbh Grunenthal Group Gvk Biosciences Private Ltd. Hd Biosciences, Inc. Hitgen Ltd. Human Genome Sciences Hutchison Medipharma, Ltd Hybrigen Hybrigenics Sa Icagen, Inc. Iconix Pharmaceuticals, Inc Icos Corporation Id Business Solutions Ltd Indus Bioscience Informax Inc. Inovacia Inpharmatica Insilico Interchem Ithemba Pharma J-Star Research Janssen Pharma Johnson & Johnson Johnson Matthey Pharma Services Jubilant Biosys Ltd. (Jbl), A Subsidiary Of Jubilant Life Sciences Ltd. Jubilant Life Sciences Ltd Julilant Biosys Ltd. Julilant Discovery Center (Noida) Kalexsyn Kendle International. Key Organics Ltd Laboratory Corporation Of America Holdings Lancaster Laboratories. Lark Technologies, Inc Laxai Avanti Life Sciences Laxai Corporation Lexicon Genetics Inc. Life Chemicals Inc. Ligand Pharmaceuticals, Inc. Linden Bioscience Magellan Laboratories Maybridge Plc Medarex Medicilon, Inc. Merck Kgaa Merlion Pharmaceuticals Pte Ltd Merrimack Pharmaceuticals, Inc.. Metabometrix Ltd. Micron Technologies, Inc. Morphochem Ag Mpi Research Multispan, Inc Myriad Genetics Inc. Naeja Pharmaceutical Inc. Nanostream, Inc. Nanosyn, Inc Nanosyn, Inc. Navigen Pharma Neomed Institute Neurodegeneration Consortium Nextgen Sciences Ltd Nicholas Piramal India Limited Nikem Research S.R.L. Nitromed, Inc. Novartis Institute Of Biomedical Research Numerate, Inc Nycomed Gmbh Olon Ricerca Biosciences Oncodesign Sa Opgen Organix Inc. Organomed Corp Orion Pharmaceuticals Oxford Glycosciences Plc Parexel Pcovery Peakdale Molecular Ltd. Peptech Corporation Pfizer, Inc Pharmacore Pharmalink Pharmaron Beijing Co., Ltd Pharmeco Pharmidex Phenomix Corp. Phylos Inc. Polyphor Ltd Ppd, Inc. Precos Ltd. Prestwick Chemical Procter And Gamble Company Protein Mechanics, Inc. Proteologics Ltd. Proteome Systems Ltd Proteometrics Inc. Protogene Laboratories Inc Provid Pharmaceuticals Inc Purely Proteins Pyxis Discovery Quantum Pharmaceuticals Quintiles Transnational Corp. Regulus Therapeutics Reliance Life Sciences Renovis Rib-X Pharmaceuticals Ricerca, Llc Rmc Biosciences, Inc. Roche R&D Center Ltd Sai Advantium Pharma Ltd Scottish Biomedical Scynexis, Inc. Selcia Limited Selcia Ltd Selciawest Selvita S.A. Sequenom Sequitur, Inc. Shanghai Genmed Shanghai Genomics Shanghai Leadchem, Subsidiary Of Shanghai Leaddiscovery Pharmaceutical, Ltd Shanghai Medicilon, Inc. Shanghai United Pharmatech. Shasun Pharmaceuticals Ltd. Shenogen Pharma Group Shionogi & Co., Ltd. Shire Plc Signature Bioscience Inc Simulations Plus, Inc. Somalogic Inc Southern Research Institute Specs Spectrum Bioscience Sri Biosciences Structural Bioinformatics, Inc. Structural Genomix Sun Pharma Advanced Research Company Sundia Meditech Company, Ltd Sunesis Pharmaceuticals Suven Life Sciences Ltd Sygnature Discovery Limited Synaptica Ltd. Syngene International Pvt. Ltd. Syrrx Targeted Molecules Corp. Tcg Lifesciences Limited Tcg Lifesciences Pvt Ltd. Torcan Chemical Ltd. Transform Pharmaceuticals Inc. Venturepharm Group Vertex Pharmaceuticals Inc Viva Biotech, Ltd. Vivo Biosciences Inc. Wuxi Apptec Co. Ltd Xencor Yangtze River Pharmacy Group Co Zobio Bv Zygogen, Llc For more information about this report visit https://www.researchandmarkets.com/r/s1zpop Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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Answer: Global Outsourcing in Drug Discovery Market Report 2020: Trends that are Shaping the Market Today, and Details of the Current and Future Markets