Thursday, January 15, 2009

South Africa seeing less funding for clinical trials

The Business Report of South Africa shares that the CROs in the country are seeing less funding from overseas. This is in large part due to the global financial crisis. The smaller tech companies they depend on for financing are delaying their release of money to the clinical trials. With at least 350 clinical trials based in South Africa every year, they'll have to find a way to attract more private investors to this area. Read more here.

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