Tuesday, November 11, 2008

Mayo Clinic Pulls Out of Clinical Services

Outsourcing-pharma.com has recently reported that the world-renowned Mayo Clinic has shut its doors on clinical services due to increased competition from other companies driving outsourcing of clinical trials to emerging countries such as Latin America, Asia, and Eastern Europe.

Mayo Clinic has mentioned in their statement that they will no longer accept contracts and that 30 employees would lose their job straight away. The statement reads:

“This decision will allow Mayo to focus its efforts on its successful and growing clinical reference laboratory business, Mayo Medical Laboratories, which provides ... laboratory testing services to clients throughout the world.”

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