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Increasing Inorganic Activities among Market PlayersIncreasing inorganic activities, such as agreements, partnerships, and collaborations, among market players are expected to drive the market growth over the forecast period. For instance, in September 2023, Parexel, a contract research organization (CRO), and Partex, a data-to-drugs pharma platform, inked a deal aiming to leverage artificial intelligence (AI)-powered solutions to accelerate drug discovery and development for biopharmaceutical customers worldwide and de-risk the assets in their portfolios.
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