What is CROs / Contract Research Organizations?
CROs / Contract research organizations are companies that support the biotechnology, pharmaceutical and medical equipment industries, in the form of outsourced research services or work contracts. CROs also provides other services such as the development of biological testing, biopharmaceutical development, commercialization, clinical research and clinical trial management.
CROs / Contract research organizations are designed to reduce company spending on developing drugs and creating drugs to be marketed on the global market. CROs also provides support for clinical studies and clinical trials.
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Following are some of the companies CRO / Contract Research Organizations that have a major influence on the advancement of biotechnology and biomedicine throughout the world.
The following is a List of CROs:
Covance Inc. Namely the CROs company headquartered in New Jersey in the United States. The company was founded in 1968 by Paul Kirchgraber. Covance Inc. provides several nonclinical, commercial services to the pharmaceutical and biotech industries. The owner of Covance Inc. is LabCorp with a total of 45,000 employees in various parts of the world. Covance Inc. is one of the largest outsourcing companies with revenues of $ 2 billion. Covance Inc. is also one of the best workplaces for LGBT.
The Paraxel Company was founded in 1982 by a person named Josef von Rickenbach and is headquartered in Waltham, United States. The Parexel Company is a company that provides biopharmaceutical services globally. The Parexel company aims to accelerate pharmaceutical clinical trials for its clients. Parexel is the second largest outsourcing company in the world. Now Parexel operates Parexel-Academy, publishes the annual Parexel R&D Statistics Reference Book and councils for 50 large biopharmaceutical companies and 20 more biotechnology companies.
IQVIA is one of the American companies serving the combined industry of clinical research and health information. IQVIA is a provider of commercial and biopharmaceutical outsourcing services, focusing on Phase 1 through 4 clinical trials as well as laboratory, analytic and consulting services. The IQVIA company has 50,000 employees spread all over the world. IQVIA is also reported as the largest contract research organization in the world. IQVIA was founded in 1982 and was founded by Dennis Gillings, headquartered in North Carolina, United States.
Syneos Health is one of the American multinational Contract Research Organizations. Syneos Health was founded in 1984 in the city of Princeton in New Jersey, which founded Syneos Health, Alistair Macdonald. Now Syneos Health is headquartered in Morrisville, North Carolina. Syneos Health has as many as 20,000 employees worldwide today. Syneos Health is engaged in biopharmaceutical services to help their clients achieve success.
PRA Health Sciences
PRA Health Sciences Includes other large companies from contract research organizations / CROs. PRA Health Sciences helps develop drugs to save human lives and helps develop human life by developing clinical services throughout the world including statistical analysis, clinical trial management, data management and drug development consultations. PRA Health Sciences is headquartered in North Carolina and was founded in 1982 by Colin Shannon.
Pharmaceutical Product Development
Pharmaceutical Product Development is a global contract research organization established in 1985, led by Fred Eshelman. Pharmaceutical Product Development is headquartered in North Carolina, United States. PPD companies focus on helping to provide drug development services, life cycle management and laboratories. In 2019 PPD had 23,000 employees spread all over the world.
Charles River Laboratories Inc.
Charles River Laboratories Inc., a company founded in 1947, is headquartered in Wilmington, Massachusetts. The company is led by James C. Foster. Charles River Laboratories Inc. is a company from the United States that focuses on assisting various preclinical and clinical laboratory services in the pharmaceutical, biotechnology and medical equipment industries. Charles River Laboratories Inc. also helps provide various research, biomedical, and outsourcing services. The company now has 14,000 employees worldwide and 80 facilities operating throughout the world.
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Those are some of the Contract Research Organization Companies / CROs that have an important role in the advancement of biotechnology and biomedicine in the world. I hope this article can help you get the information you need. Thank you for visiting my site. Don’t forget to share, because sharing is caring.