Article | August 8, 2014

Optimizing Sponsor/CRO Collaborations - Infographic

SINCE ITS INCEPTION, the primary goal of Nice Insight’s Pharmaceutical and Biotechnology Outsourcing Survey has been to optimize collaborations between CROs/CMOs and sponsor organizations. The benefits of improved collaborations play out in many forms and offer advantages every step of the way — from reduced costs, improved staff efficiencies, and increased shareholder value all the way to more affordable medicines for consumers. Outsourcing Insights has been a platform for Nice Insight to share some simple strategies on how to get the best results from an outsourcing relationship, whether that relationship is tactical, with a preferred vendor, or a strategic partnership. Each of these different types of outsourcing relationships has its merits, and, not surprisingly, most sponsor organizations engage CROs that fall into each category.