Medidata CRO Contractor™ (formerly Fast Track CROCAS®) provides clinical research sponsors the benchmarking data and analysis tools to optimize the critical relationship with their Contract Research Organization (CRO).
CROs are essential partners to pharmaceutical, biotechnology, medical device and diagnostic companies who rely on outside expertise in one, several or all of their clinical research functions. The basis of an excellent partnership starts with the right match between sponsor expectations and CRO resources, and is strengthened through effective working relationships.
Medidata CRO Contractor puts data-driven analytic tools in the hands of research sponsors to optimally plan, budget and manage CRO contracts on the basis of thousands of negotiated outsourcing arrangements. By strengthening the information base for initial interactions, sponsors can develop and maintain a relationship that best supports the clinical research program, reducing study problems, unexpected management issues and unforeseen costs, and leading to critical time and cost efficiencies for the clinical development program—whether the sponsor is working with CROs for the first time or is a long-time CRO collaborator. Medidata CRO Contractor is the latest innovation in collaborative clinical trial budgeting developed from the original CROCAS® CRO benchmarking product.
BENEFITS
Reduced project delays with up-to-date and relevant information supporting intelligent decision making
Trial time and cost savings by ensuring accurate activity selection and costing
Speedier preparation of RFPs and contracts
Benchmarking preferred provider rates developed by the sponsor
Simplified project start-up, project management and administrative control
