ER&D services largest pure-play, Alten, has ambitions as a clinical trials contract research organization (CRO). During Q2 2021, the company completed the acquisition of Cmed. Cmed, a clinical trial CRO based in the UK. It is a small firm with EUR 20m in revenues and 180 consultants. It has specialized in oncology, immuno-oncology, cell therapy, and rare disease.
Thermo Fisher Makes A Massive Acquisition with PPD
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Veeva Demonstrates the Clinical Trials Market is Fast-Growing. An opportunity for ER&D Vendors
eeva is a Wall Street darling with an eye-popping market cap of $21bn. The uniqueness of Veeva is that its SaaS applications run on top of Salesforce’s Clouds. This approach positions Veeva in the high-growth ecosystem of Salesforce (which grows by 20-25% each year).