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Stock impact report

Sterility Testing Market Growth Driven by R&D and Rising Demand for Sterilized Products [Yahoo! Finance]

Charles River Laboratories International, Inc. (CRL) 
Last charles river laboratories international, inc. earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.criver.com
Company Research Source: Yahoo! Finance
Dublin, April 01, 2024 (GLOBE NEWSWIRE) -- The "Sterility Testing - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029" report has been added to ResearchAndMarkets.com's offering. The global Sterility Testing market is poised for significant expansion, with a projected compound annual growth rate (CAGR) of 11.10% during the forecast period from 2024 to 2029. This growth is driven by the increasing investment in research and development within the life sciences sector along with rising demand for new drug launches and sterilized products. Impact of COVID-19 Pandemic on Market Dynamics The COVID-19 pandemic has had a substantial impact on the sterility testing industry, amplifying its importance across pharmaceutical and biotechnological companies. Amidst the pandemic, a surge in research activities aimed at combating SARS-CoV-2 has resulted in significant investment from both private and public sectors, thereby enhancing the market's potential. C Show less Read more
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