In 2019, pre-clinical contract research organizations (CROs) contributed the largest proportion of the total revenue of WuXi AppTec, amounting to around 6.47 billion yuan. Established in 2000 and went IPO in 2018, WuXi AppTech is one of the leading players in the Chinese pharmaceutical industry.
Revenue split comparison of the major contract research organizations (CROs) in China in 2019, by segment
(in billion yuan)
Characteristic
Pre-clinical CROs
Clinical CROs
CDMO/CMOS*
Cell/gene therapies
Others
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One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of March 2021).
*CDMO/CMO stands for contract development and manufacturing organization.
Four CROs focus on different research fields but all contract-based organizations, which recognize revenues and related costs according to contract fulfillment.
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EqualOcean. (July 12, 2020). Revenue split comparison of the major contract research organizations (CROs) in China in 2019, by segment (in billion yuan) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1202132/china-revenue-split-comparison-of-the-major-cros-by-segment/
EqualOcean. "Revenue split comparison of the major contract research organizations (CROs) in China in 2019, by segment (in billion yuan)." Chart. July 12, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1202132/china-revenue-split-comparison-of-the-major-cros-by-segment/
EqualOcean. (2020). Revenue split comparison of the major contract research organizations (CROs) in China in 2019, by segment (in billion yuan). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1202132/china-revenue-split-comparison-of-the-major-cros-by-segment/
EqualOcean. "Revenue Split Comparison of The Major Contract Research Organizations (Cros) in China in 2019, by Segment (in Billion Yuan)." Statista, Statista Inc., 12 Jul 2020, https://www.statista.com/statistics/1202132/china-revenue-split-comparison-of-the-major-cros-by-segment/
EqualOcean, Revenue split comparison of the major contract research organizations (CROs) in China in 2019, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1202132/china-revenue-split-comparison-of-the-major-cros-by-segment/ (last visited August 24, 2024)
Revenue split comparison of the major contract research organizations (CROs) in China in 2019, by segment (in billion yuan) [Graph], EqualOcean, July 12, 2020. [Online]. Available: https://www.statista.com/statistics/1202132/china-revenue-split-comparison-of-the-major-cros-by-segment/
