It is valuable to select a CRO with access to many investigational sites with experienced research staff and the potential for high enrollment rates. Choosing a CRO with multiple contacts fully committed to your needs as the Sponsor is highly beneficial.
If you are a small team with minimal funding and decide to hire a large CRO for your project, the staff involved may prioritize more prominent clients while leaving aside smaller projects that produce less revenue. Should you receive inadequate services from your selected large CRO, a small-size, more energetic CRO is a better option.
Remember, the ideal CRO should consist of loyal and trustworthy team members who can commit to constant communication with you and your selected investigational site staff. The CRO/Sponsor relationship (as well as the CRO/Site Staff relationship) should be professional, consistent, and transparent from the beginning to avoid miscommunication and duplicate activities.
An experienced CRO can offer services for single-site and multi-site investigations, such as regulatory support, study and site start-up logistics, site management, monitoring, data management, medical device vigilance, biostatistics, report writing, and overall project management. It would help if you also looked for a group with strong technological capabilities that optimize study management and guarantee data quality.
Choosing a CRO that has experience with multiple Electronic Data Capture (EDC) systems, Electronic Medical Record (EMR) systems, electronic Trial Master Files (eTMFs), and electronic Regulatory systems (eReg) can allow your study to move quickly and smoothly as familiarity with systems can result in less time for training the CRO staff, allowing them to work quickly and independently.
Additionally, choose a technologically experienced CRO. Its selected staff can provide resources on which systems to choose for your study (which EDC is the best, which eReg system is the most affordable, which eTMF system is the most commonly used, etc.).
Most new Sponsors have a relatively low budget and select an affordable CRO with little experience. Sometimes, they may even try to run the study themselves before realizing they need to hire a CRO.
For more experienced Sponsors, the price may not be the most critical factor when selecting a CRO but the experience and quality of the CRO. However, even experienced Sponsors have a limited budget and, ultimately, must opt for the CRO that can offer and deliver the most value for their budget.
Whether or not you are an experienced Sponsor, you should always choose a seasoned CRO at an affordable rate to ensure you stay within your specific budget without compromising the quality you expect.