Magazine Article | June 1, 2023

Attributes Gaining Importance When Selecting Among Preferred Providers For Phase 1 Services

Source: Life Science Leader

By Industry Standard Research

The service provider selection process is a complicated one. Many factors come into play during this process. One critical factor is undoubtedly the presence of preferred provider agreements. Companies can spend a great deal of time negotiating these agreements, and their presence, or lack thereof, can make or break which CROs are shortlisted or awarded a Phase 1 study. Industry Standard Research surveyed 194 respondents from North America, EMEA, and APAC about Phase 1 provider selection and performance in its Phase 1 CRO Benchmarking (15th Ed.) report.

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