A recent report by the Financial Times reveals that Europe has fallen behind China in hosting clinical drug trials. According to the article, China has become a major player in the global pharmaceutical industry, with a significant increase in clinical trial applications and approvals. In contrast, European countries have seen a decline in the number of trials hosted on their territory.

Source: https://www.ft.com/content/3d861acb-8e7d-4157-b845-81124254da8a