Cro concept stock index refers to the concept stocks of pharmaceutical R&D contract outsourcing service organizations. Cro is the abbreviation of contract research organization, which provides professional outsourcing services to pharmaceutical enterprises, medical institutions and various government funds through contracts.

Cro model is of great significance to the pharmaceutical industry, which is conducive to improving the speed of listing new drugs and reducing the management and research and development expenses of pharmaceutical companies.

Two leading companies in the cro concept?

WuXi PharmaTech is a leading enterprise in the cro field in China, with preclinical drug research and development as the company's focus, occupying an absolute dominant position in the global drug research and development industry. The other company is Tiger Medicine, which is the leading company in the clinical stage. The company has clinical trials all over the world.