5 Standards for Choosing the Best Contract Research Organisation
by Abhishek K. Digital MarketerWith a situation
like the Coronavirus
pandemic and the lack of a vaccine wreaking havoc in the world, everyone
has clearly understood the need for faster clinical trials. Furthermore, it has
also shown biopharma companies the importance of partnering with a robust
Contract Research Organizations that have the ability to produce faster results.
While choosing a
Contract Research Organization, you should consider multiple parameters like
the cost, quality, capability, experience, and so on. To help you out, here are
the five golden standards on the basis of which you should choose a CRO:
Capabilities on offer:
Even though it
might sound like a basic standard point, it is crucial that you identify the
capabilities of the CRO on offer. The services provided by them should be in
alignment with the technical demands of your study.
Furthermore, you
should also ensure that the quality provided at all their sites is top-notch. All
the methods used in the trials should be validated by the authorities so that
you can rest assured with your project being in safe hands.
Efficiency of the Quality Assurance team:
For a task as
serious and important as a clinical trial, it is absolutely necessary that the
CRO has an efficient Quality Assurance (QA) team in place. They should have
certifications from the concerned authorities regarding the potency of the QA
team and their practices. Feel free to review them.
The aim should
be to partner with a Contract
Research Organization whose data you can rely on. The QA and monitoring of
the data should be directly in compliance with other regulations so that the team in charge can be held accountable if there are any discrepancies.
Experience in the field:
Unlike many
industries and professions, experience always does not bring efficiency in
clinical trials. Therefore, you must always ask for the credentials of the
researchers and scientists involved in the project to get a better understanding
of their ability.
Experience does
matter but mostly when the results of the clinical trials were successful. You
must ensure that the team proposed to work on your project has past experience
in the same field with multiple successful trials.
Moreover, you
should feel free to ask for references or past records from the CRO to get an
idea about their past works. If a CRO declines to share such information, then
it should be considered as a red flag as no reputed CRO will ever be hesitant
in sharing at least one or two references.
Cost of the services:
When it comes to
cost, you should not get lured by low quotes or bids as you must look at the
bigger picture. Budget-friendly bids may not account for all study
specifications and possibilities, leading to you paying a lot more in the end
in the name of unexpected events and overhead charges. So, you should ideally look out for the quality of the services and not select a CRO solely based on
the price they quote.
If you feel the cost of the project is too big for you, one thing you can do is ask for an
arrangement where you make payments based on milestones. This way, you not only
get relief from paying the whole amount in one go but also improves the accountability
from the side of CRO. Therefore, make sure that you partner with Contract
Research Organization like Jubilant Biosys that are flexible enough to make
such adjustments.
Communication and maintenance of partnership:
One of the
biggest issues faced by sponsors is the lack of communication between them and
the CRO team. A good drug discovery service provider should be transparent with its operations, be it procurement of
volunteers, data collection and management, business development, or anything
else. In fact, they should make a conscious effort to maintain a good
relationship with you and keep you in the loop with all major decisions.
A healthy
relationship between sponsors and the Contract Research Organization you work
with is in many ways the cornerstone of a successful clinical trial.
Now that you
know the standards upon which you should measure the efficiency of a CRO, you
should be able to find the right fit for you.
Also read: Ways To Enhance The Testing Efficiency Of Clinical Trials
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Created on Jul 21st 2020 11:51. Viewed 484 times.