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Strategies and Best Practices for Outsourcing Clinical Research Services

Strategies and Best Practices for Outsourcing Clinical Research Services: Interactive Panel Discussion

by Fred LeMoine, Michael Minor, Cassandra Kelley and Kevin Kelly
Moderated by Mary Kachinsky

The global Clinical Research Organization (CRO) industry is growing at an annual rate of 15% as a result of increased outsourcing by biopharmaceutical companies driven by larger more complex studies on a global scale, more stringent regulatory requirements, and pressures to reduce the cost of new treatments. With more than 1000 CROs in the marketplace, how do you plan strategically and maximize the potential of your CRO partnership? Panelists will discuss strategies and best practices related to outsourcing clinical research services. Participants in this session will given a chance to answer questions that will stimulate and steer the discussion. Panelists will share their experiences and discuss the pros and cons of different outsourcing models from both the CRO and Biopharma perspective.

• Understanding industry trends in strategic sourcing of clinical research services and expectations over the next 5 to 10 years.
• Which outsourcing model is best for your organization?
• How can you maximize strategic relationships? Benefits to sponsor and provider?
• What are the unique requirements to be considered for small pharma and biotech companies?
• Procurements role in the outsourcing of clinical research services: How can this be enhanced?

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