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The CRO View: Sharing Opportunity Vs Risk In Drug Development

 
• By Sean Russell

Premier Research's chief commercial officer, Sean Russell, describes how the CRO has turned risk-sharing negotiations from a black art to a predictable process.

Risk management

We hear a lot about risk-sharing in drug development these days, and it’s a healthy trend in an industry often defined by high costs and the pressure of project deadlines. Drug development thrives on cost and schedule adherence, and the inextricable link between the two leads increasingly to risk-reward arrangements between drug makers and their clinical research providers.

Having been involved in many of these, I like to avoid “risk-sharing” and other terms that can cast these agreements...

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