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Clinical Research Positions Personally, I Would Rather Essay
Pages:1 (345 words)
Sources:2
Subject:Health
Topic:Clinical Research
Document Type:Essay
Document:#48745536
Contract Research Organizations Reality
There are numerous reasons that can explicate the fact that contract research organizations or CROs have become so popular of late in the conduct of clinical trials. Some of these pertain to basic financial necessities. The prices of materials used in clinical trials and in the pharmaceutical business in general are increasing. According to Forbes (2011), "A survey by RW Baird analyst Eric Coldwell found 42% of this year's drugmakers say prices rose in this year's second quarter, up from one-third in the first quarter." Thus, because the basic materials involved in testing for pharmaceuticals has increased, outsourcing this process has become a much more viable option for those looking to conduct clinical trials.
Additionally, it is critical to note that in certain instances organizations are cutting back on their expenses. Such a statement certainly applies to pivotal aspects of research and development. In fact, there are several…
Sample Source(s) Used
References
Silverman, E. (2011). Why contract research organizations are so hot. Forbes. Retrieved from http://www.forbes.com/sites/edsilverman/2011/10/04/why-contract-research-organizations-are-so-hot/
Silverman, E. (2013). What contract research organizations are doing to keep employees. Forbes. Retrieved from http://www.forbes.com/sites/edsilverman/2013/08/19/what-contract-research-organizations-are-doing-to-keep-employees/
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