中信证券：上半年投融资活跃推动CRO量价齐升，新分子需求催化CDMO订单兑现

格隆汇09-11

中信证券研报称，2026年上半年，CXO板块及生命科学上游板块整体业绩表现稳健，行业进入复苏阶段。上半年海外投融资景气度持续，美联储加息预期走弱，早研板块整体的景气度持续走强， AIDD的快速发展也将进一步催化未来相关实验和验证需求的爆发，中信证券认为CRO板块有望量价齐升。CDMO板块上半年龙头业绩表现稳健，整体订单增速持续加快，行业景气度回升。中长期来看，新重磅药物/新分子/新技术对于工艺开发...

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