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Evolving Outsourcing Landscape in Pharma R&D: Different Collaborative Models and Factors To Consider When Choosing a Contract Research Organization.
- Source :
-
Journal of medicinal chemistry [J Med Chem] 2020 Oct 22; Vol. 63 (20), pp. 11362-11367. Date of Electronic Publication: 2020 Jun 18. - Publication Year :
- 2020
-
Abstract
- Outsourcing has become an integral part of how research and early development (R&D) is executed in biotech companies and large pharmaceutical organizations. Drug discovery organizations can choose from several operational models when partnering with a service provider, ranging from short-term, fee-for-service (FFS)-based arrangements to more strategic full-time-equivalent (FTE)-based collaborations and even risk-sharing relationships. Clients should consider a number of criteria when deciding which contract research organization (CRO) is best positioned to help meet their goals. Besides cost, other factors such as intellectual property protection, problem solving skills, value-creation ability, communication, data integrity, safety and personnel policies, ease of communication, geography, duration of engagement, scalability of capacity, and contractual details deserve proper consideration. In the end, the success of a drug discovery partnership will depend in large part on the people who execute the science.
- Subjects :
- Contracts economics
Contracts legislation & jurisprudence
Cooperative Behavior
Drug Discovery economics
Drug Discovery legislation & jurisprudence
Efficiency, Organizational
Intellectual Property
Outsourced Services economics
Outsourced Services legislation & jurisprudence
Pharmaceutical Research economics
Pharmaceutical Research legislation & jurisprudence
Drug Discovery organization & administration
Models, Organizational
Outsourced Services organization & administration
Pharmaceutical Research organization & administration
Subjects
Details
- Language :
- English
- ISSN :
- 1520-4804
- Volume :
- 63
- Issue :
- 20
- Database :
- MEDLINE
- Journal :
- Journal of medicinal chemistry
- Publication Type :
- Academic Journal
- Accession number :
- 32479727
- Full Text :
- https://doi.org/10.1021/acs.jmedchem.0c00176