What Are Contract Research Organizations (CRO)?
pharmaceutical companies are increasingly looking to outsource critical functions, including manufacturing and research In the changing economy.More and more of the major corporations are using CROs to lead clinical trials and develop new medications.
Contract research organizations (CROs) provideclinical trial and other research support services for the pharmaceutical, biotechnology , medical device industries and also serve government institutions, foundations, and universities.
What Is a Contract Research Organization?
an organization contracted by another company to manage and lead the company's trials, duties, and functions is nothing but a CRO.
A contract research organization, sometimes also referred to us a clinical research organization it helps conduct research for a sponsor company.
Organizations and businesses that contract with CROs do so to acquire specific expertise without hiring permanent staff. CRO trade groups claim that when firms or public entities outsource to a CRO, it reduces the time it takes to conduct a trial versus doing the trial in-house, and that translates to significant cost savings.
A contract research organization (CRO) can work with a number of sponsors who can be referred to a clients. A good CRO has well qualified, experienced and skilled staff, and can provide all services to the client in relation to the research project / clinical trial.
Types of Services Provided by CROs
Contract research organizations offer comprehensive services, including:
2.Database design & build
3.Data entry & validation
4.Clinical trial data management
5.Medicine and disease coding
6.Quality and metric reporting
7.Statistical analysis plans and reports
9.Safety and efficacy summaries
10.Final study report
it should be appreciated that a CRO can assist at all stages during the life cycle of a medicinal product. Outsourcing such services offers a competitive advantage for a biotechnology company. A CRO offers the advantage of providing an existing laboratory facility and trained personnel ready to work on the project, thereby reducing the timeline for company milestones.
it can be very cost-effective to pay a contractor compared with having in-house staff.CROs must be up to date on the most current regulatory agency requirements for medicinal product testing.
I hope you would like this article about CRO and u will get the requored basic information about CRO
for more details visit us: