
Contract Research Organization (CRO)
A Contract Research Organization (CRO) is a company that offers research services to the pharmaceutical, biotechnology, and medical device industries. They assist in the development and testing of new drugs and treatments by conducting clinical trials and managing data. CROs provide expertise, resources, and facilities that help streamline the research process, ensuring compliance with regulations and improving efficiency. By outsourcing these functions to CROs, companies can focus on their core activities while leveraging the CRO's specialized knowledge and capabilities to bring their products to market more effectively.