spacer
home > epc > winter 2009 > cro market: annual review
PUBLICATIONS
European Pharmaceutical Contractor

CRO Market: Annual Review

“The good CEO, the one who will remain and stay in charge, is the one who learns how to outsource”, said Philippe Courtot, CEO of Qualys, a company that provides IT risk management solutions to the engineering industry. I have previously noted in several publications that the pharmaceutical industry is relatively new to outsourcing, but recent advances in strategic outsourcing as practiced by Wyeth, Solvay and, most recently, Eli Lilly show the beginnings of real comprehension of what outsourcing is all about.

In 1991, the CEO of Sasson, a $250 million company with just nine employees, said “I have to keep networking everywhere, looking for good partners”. The pharmaceutical industry is still miles away from being as lean as Sasson, but outsourcing is certainly on an upward path.

In his book Liberation Management, Tom Peters quotes Groucho Marx, “I wouldn’t want to join any club that would have me as a member” and suggests a variation: “I would not want to work with a subcontractor who would have me as a partner”. This is a way of saying that you should only work with CROs who you believe are better than you. This may be anathema to company-proud CRO managers in pharmaceutical companies, but the current economic conditions may force them to change their minds. CROs are essential to the pharmaceutical industry and it behoves the industry, therefore, to support, nurture, train, encourage and improve the sector.


Read full article from PDF >>

Rate this article You must be a member of the site to make a vote.  
Average rating:
0
     

There are no comments in regards to this article.

Banner of CRS on Samedan
spacer

Graham Hughes is a leading expert in the field of outsourcing in Pharmaceutical Development. He was the founder and Scientific Director of Technomark Consulting Services in 1987. Graham is Editor of European Pharmaceutical Contractor and International Clinical Trials. He is a frequent speaker and chairman at national and international conferences on outsourcing and drug development. He has also run numerous workshops on the selection and management of CROs. He has recently been Chairman of Auxetica, a UK-based medical device company, and is President of Aginko AG, a Swiss CRO specialising in musculo-skeletal medicine. He is currently a Director of Oxford Cardiac Pharmacology Ltd and Vice President of Technomark Life Sciences, which is based in the US.

spacer
Graham Hughes
spacer
spacer
Print this page
Send to a friend
Privacy statement

Industry Events

Cambridge Healthtech Institute Third Annual SCOPE Summit

7-9 February 2012, Miami Hilton Downtown, Miami FL

The program brings together six conferences under the SCOPE umbrella, which creates an opportunity for idea sharing and cross pollination amongst clinical operations professionals from different groups. Despite a shared exhibit floor where the community can share ideas, each conference remains autonomous and goes deeply into its own set of issues with its expert faculty. Each conference will feature best practice case studies and interactive discussions relevant to clinical operations experts as well as those new to the field.
More info >>

 
News and Press Releases

Norwich Expands Capabilities for Phase I-III Clinical Trials

Norwich Clinical Services (NCS), a global provider of clinical research services for the pharmaceutical and biotech industries, today announced a significant expansion to its clinical research capabilities in order to meet growing market demand. Primary to the expansion, NCS unveiled a new clinical facility with capabilities to conduct all aspects of Phase I – III clinical trials including pharmacokinetics in healthy volunteers, bio-availability and bio-equivalence studies, drug metabolism studies, dose proportionality studies and multiple dose studies.
More info >>

 

 

Buy Atrovent Online no prescription Buy Symbicort Online no prescription Buy Flovent Online no prescription Buy Flonase Online no prescription Buy Rhinocort Online no prescription Buy Allegra Online no prescription Buy Advair Online no prescription Buy Combivent Online no prescription Buy Astelin Online no prescription Buy Spiriva Online no prescription Buy Ventolin Online no prescription
©2000-2011 Samedan Ltd.
Add to favourites

Print this page

Send to a friend
Privacy statement
.