[Innovative drug project quotations "rising tide lifts all boats" The CRO industry may accelerate recovery in the second half of the year] September 4th, the innovative drug industry's prosperity has improved, and it is accelerating its transmission to the CRO (pharmaceutical research and development outsourcing organization) industry chain. According to recent interviews, as innovative drug BD (Business Development) transactions continue to be active, pharmaceutical companies have become more abundant in R&D funds. In order to seize the innovative drug R&D window and ensure project progress, pharmaceutical companies are more willing to pay for external R&D services, and CRO companies’ orders in hand are showing a trend of “volume and price increases”. (Shanghai Securities News)