Selecting a CRO is one of the most important outsourcing decisions a clinical-stage biotech will make. Once a study is underway, changing provider can be expensive in cost, time and disruption.
For lean biotech teams in particular, the selection process can require significant time and specialist experience alongside the demands of preparing a clinical programme for execution.
A good CRO selection process starts before any CRO is contacted. Requirements need to be clear, assumptions consistent and the RFP structured so that proposals can be properly compared. An apparent price difference between two CROs can often be explained by differences in scope, assumptions or resourcing rather than underlying cost.
Henley provides independent support through the CRO selection process, from defining requirements and identifying potential providers through RFP, proposal evaluation, bid defence, final selection and negotiation.
We can support the complete process or step in at a particular stage where additional experience or independent review is required.