samedan logo
 
 
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 >>

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.

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

Evolution Summit 2010

27-29 October 2010, Montreux, Switzerland

Amidst attrition challenges and pressures from stakeholders, the laurels are up for grabs for the next leaders in drug development. While the industry is struggling to achieve financial sustainability and operational viability, it is awaiting the leadership of a new bold visionary who will bring fundamental innovation to overhauling the research approaches of the past. When gearing up for the future, pharmaceutical and biopharmaceutical companies continue securing long-lasting lucrative partnerships along their value chains. Incorporating novel development paradigms and improving internal decision-making pave the way to shorter timelines and growing profit margins.
More info >>

 
News and Press Releases

The highest performance in its class

Shimadzu, one of the worldwide leading manufacturers in analytical instrumentation, has launched a new GCMS-QP2010 Ultra gas chromatograph mass spectrometer (GC/MS) offering the highest performance in its class. It provides fast data measurement speed with five times higher sensitivity than previous models. In addition to improving laboratory productivity for high-speed analysis, it also offers improved applicability for comprehensive two-dimensional gas chromatography (GCxGC), which can achieve ultra high separation. It is also the first GC/MS system to have environmentally friendly features for saving power consumption and carrier gas.
More info >>

 

 

©2000-2007 Samedan Ltd.
About Us | Register | Login | Site Map | Terms and Conditions | Contact Us |
Add to favourites

Print this page

Send to a friend
Privacy statement