8/15/2025, 2:38:24 AM | finance.yahoo.com | news
Drug Discovery Services Company Evaluation Report 2025 | LabCorp, Evotec, and Selvita Lead with Comprehensive Research and Laboratory Services
The Drug Discovery Services Company Evaluation Report 2025, published by MarketsandMarkets 360 Quadrants, analyzes the global drug discovery services market, evaluating over 150 companies and identifying the Top 25 leaders. The report highlights key players such as LabCorp, Evotec, and Selvita, emphasizing their roles in providing services like hit identification, medicinal chemistry, and hit-to-lead optimization. Market growth is driven by rising R&D investments, an expanding drug development pipeline, increased outsourcing due to high in-house development costs, and advancements in technologies such as AI, CRISPR, and organ-on-a-chip. The report also covers market dynamics, competitive strategies, financial metrics, and regional footprints of major companies, including Thermo Fisher Scientific, Charles River Laboratories, Wuxi Apptec, and others.