Sponsors often have multiple studies running concurrently with several CROs, complicating oversight. Reconciling CROs data with different reporting formats can make timely oversight difficult.
What is needed is a centralized structure for communications, collaboration and escalation, enabling sponsor and CROs to operate as an integrated team with common goals, aligned structures and processes.
For the sponsor:
For the CRO:
Centralized governance and optimized operating models are needed to help realize the full potential of outsourcing arrangements. At the heart is a desire to build a collaborative long lasting partnership, based on open and transparent communications, fostering a foundation of trust and commitment.