The contract research organizations are the same organizations that are called as the clinical research organization. These bodies use to conduct research for the company those who hire them for the job. The research could be about anything from the development of a new product to performing the marketing research checking the response of the product.
There is a one major guideline that is followed by the organization to conduct the research and that is ICH GCP guideline. Have a look on this guideline and see how it states contract research organizations. According to the guideline, the CRO is
“An organization either commercial, medical, academic, or any other hired by a sponsor on contract for a particular period of time to do one or more of a trial-related functions and duties of sponsor.”
Why do sponsor companies hire contract research organizations?
The reasons why does a company, hire CRO for research job are many, but here we will give information about only the important reasons. So, of the main are:
- The CRO are specialized in performing research and it is for all the fields.
- They help the companies to save the cost and time they spend on the research work. This is because; often the company remains busy in marketing, accounting and other activities.
- They perform the focused research, following the instructions of the sponsor clearly.
- Some complex research requires a big team to work, which the contract research organizations used to have. By hiring them, companies do not have to spend another cost on hiring staff for the work.
Hire CRO in Singapore
In Singapore, there are a lot of firms present that offer the service of CRO and follow all the guidelines of the government. One can collect information about them by through the internet.