Thursday, July 9, 2009

How to Select a CRO: Best Practices

The outsourcing and procurement divisions of pharmaceutical and biotech companies are charged with identifying and selecting external vendors most suited to assist them with delivering success for their organizations. Today, with the broad selection of companies available, offering a variety of services, a streamlined, straightforward selection process presents a challenge.

As a whole, the selection process represents a significant time investment from Sponsor organizations. One method for streamlining the selection process is to develop a set of standard criteria to evaluate and judge the respondents. However, the underlying complexity of the multiple variables involved raises questions as to the effectiveness of a standardized approach.

This audio conference is the second in a three-part series designed to share observations on best practices. This presentation discusses the components of CRO selection and will focus on comparing and contrasting a standardized approach versus customized approach.

How to Select a CRO: Best Practices was presented by Teresa Ptaszynska, BSc., PhD, Director, Proposal Development, with Covance and is previously recorded. For more details or to download this audio conference, please visit our site at www.fxconferences.com