Question

Many biotech companies do not have the capacity to do all drug manufacturing activities on their own and have to rely on CMOs. CMO stands for:

-Chinese mandarin oranges
-Contract manufacturing organization
-Commercialization management organization
-Consolidated manufacturing organization
-Contract management organization

Answer 1

A CMO stands for Contract Manufacturing Organization. Biotech companies rely on CMOs for drug manufacturing activities as they specialize in manufacturing pharmaceutical products on behalf of other companies.

Step-by-step explanation:

A CMO stands for Contract Manufacturing Organization. Many biotech companies do not have the capacity to do all drug manufacturing activities on their own, so they rely on CMOs. These organizations specialize in manufacturing pharmaceutical products on behalf of other companies.

By outsourcing drug manufacturing to CMOs, biotech companies can benefit from their expertise and facilities, allowing them to focus on other aspects of drug development and marketing.