Over the last several years, many industries (including the pharmaceutical industry) have implemented cost-saving measures, including downsizing their work forces and concentrating on their core skills. While retaining their basic scientific and operational talent for innovation and excellence, these industries have begun collaborating with contract research organizations (CROs) to develop processes and solve problems. A CRO is an independent entity that consists of contractors and typically offers services to pharmaceutical and biotech industries. Their services include all aspects of drug development and the conduct and reporting of clinical trials. Above all, CROs can provide the following:
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