Choosing a contract research organization (CRO) is one of the most important steps in a dietary supplement research and development plan.
Companies choose to work with CROs when marketing a new product for a number of reasons. A good CRO serves as a true partner, helping you meet your business goals through communication, trust and expertise.
There are four key criteria to consider when choosing a CRO:
- Regulatory knowledge and expertise
- Flexibility and responsiveness
- Successful industry experience
- Effective data management and organization
If you have one or more contenders in mind that fit the above criteria, there are several questions you can ask as you begin to interview CROs:
- Does the team have regulatory professionals with in-depth experience working alongside regulatory agencies across the globe?
- Does the CRO have flexibility and responsiveness built into their processes? Are they adaptive to change?
- Does the CRO have a proven track record of success? Is their portfolio built on client successes?
- Is data collected in an organized manner? Does the CRO have standard operating procedures (SOPs) in place regarding data management protocol?
Choosing a CRO that has experience in product development strategy, product life cycle management, regulatory filings, project management and clinical trial services is advantageous when forming a partnership.
The ideal CRO should value your expectations, budget and goals, be able to understand and manage risk, recognize the importance of product positioning and know how to work with the regulations to achieve your objectives.
If your company is looking to hire a CRO for an upcoming project, don’t hesitate to contact our team today. We offer full solutions for market access, from early product development planning to regulatory strategy, health claim substantiation, clinical trials, product testing and more – all the way from concept to claim.