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In the life sciences, a contract research organization or clinical research organization (CRO) is a company that provides support to the pharmaceutical, biotechnology, and medical device industries in the form of research services outsourced on a contract basis.
For this reason, sponsors may choose to outsource all or part of the trial-related tasks to a company called a contract research organization (CRO) – sometimes called a clinical research organization – to manage the clinical trial on their behalf, without sponsors having to maintain a staff for these services.
Definition: What is a CRO? Contract research organizations (CROs) is an company hired by a sponsor (typically, pharmaceuetical, biotechnology, or medical device companies developing new drugs or treatments) to manage all or part of the clinical research process.
A CRO is a specialized partner for pharmaceutical, biotech, and medical device companies. They support these sponsors on a contract basis, covering the entire drug development journey, from early-stage research to assistance with bringing the drug to market.
There are two types of organizations that use the acronym CRO: contract research organizations and clinical research organizations. Since new drug innovators may use one or both types of CROs, both are included in this document.
What is the role of Contract Research Organizations in the pharmaceutical industry. Learn about their services, benefits, and how to choose the right CRO for your needs.