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Partnership factors in sponsor – CRO relationships

06-20-2012 08:49 PM CET | Health & Medicine

Press release from: SMi Group

Drugs discovered today can realistically cost upwards of 900 million dollars and around 12 years of development to reach a market. CRO’s have been increasingly used by larger pharma to outsource their clinical research, allowing big pharma to shut down in-house R&D, in practice saving money.

There have been some issues however with the outsourcing of trials to CROs, including serious relationship break down with negative attitudes, failure to communicate between to the partners and some claiming CROs do not ‘get in the spirit’ of the research following only the letter of the contract.

SMi’s 4th annual Managing Partnerships with CROs will look to focus on 5 main areas: Optimising interaction between sponsors and CROs, Developing and executing strategic partnership models, Partner selection, Risk management and improving communication. It will provide delegates with a comprehensive overview and analysis of outsourcing in the pharmaceutical sector, offering the unique opportunity to hear from representatives from Pharma, CRO and Academia with an emphasis creating strong and successful partnerships between all parties.

Key benefits of attending:

Learn from industry specialists what current issues are facing those working within sponsor CRO relationships.

Understand what causes breakdown in relationships and ways to prevent this through real case studies.

Hear from speakers on both sides of the relationship, and their strategies for developing successful partnership.

Discuss the strategic rationale for clinical development outsourcing among the large pharmaceutical companies

Two highly rated workshops, Peter Volker from Booz & Co the company that recently released a highly rated report with CRO ICON. Dr. Volker will discuss key issues on preparing for partnership and engagement models and success factors and Graeme Ladds who has worked with CROs for many years had developed his workshop to touch upon points for success, strategy for maintaining quality and multinational multiproduct outsourcing.

For more information visit http://www.smi-online.co.uk/goto/pharmaoutsourcingevent44.asp alternatively contact Ninica Hussain on +44 0 207 827 6186 or email nhussain@smi-online.co.uk

The SMi Group is a world leader in business to business information. With nearly two decades in the business, thousands of senior executives from blue chip companies have already benefitted from SMi’s highly targeted conferences, workshops and publications. For more information visit www.smi-online.co.uk

SMi Group Ltd
2nd Floor South, Harling House
47-51 Great Suffolk Street,
London, SE1 0BS

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