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Symbol CERT
Name Certara, Inc.
Currency USD
Sector Health Care
IndustryGroup Pharmaceuticals, Biotechnology & Life Sciences
Industry Biotechnology
Market NASDAQ Global Select
Country United States
State NJ
City Princeton
Zipcode 8540
Website http://www.certara.com
The handwriting segment leads the market due to its broad applicability, while typing remains essential across various industries. The pharmaceutical sector dominates AI in medical writing, driven by rigorous documentation needs and ongoing drug development. North America holds the largest market share, supported by advanced healthcare infrastructure, while Asia-Pacific is poised for rapid growth due to increasing healthcare investments and digital advancements.
Medical journalism has emerged as the leading segment in the medical writing market, driven by the public's demand for reliable health information and the rise of online platforms. North America holds a significant market share due to its robust pharmaceutical industry and regulatory frameworks, while the global market is projected to grow from $3.15 billion in 2022 to $7.95 billion by 2032, at a CAGR of 9.7%. The clinical writing segment is crucial, accounting for 36.8% of the market, reflecting the increasing number of clinical trials and stringent regulatory requirements.
Cohere Health has appointed Robert (Bob) Shepardson as Chief Financial Officer to guide its financial strategy during a period of significant growth and market expansion. With over 35 years of experience in healthcare and technology, Shepardson aims to enhance Cohere's innovative solutions for health plan clients. Previously, he served as CFO of Amwell and has a strong background in leading high-growth companies through pivotal financial milestones.
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