Workforce turnover has always been a challenge for Clinical Research Organizations (CROs), but the problem has accelerated during the last decade. If you’ve ever taken an Uber, stayed at an AirBnB or hired a TaskRabbit, you are participating in…

Workforce turnover has always been a challenge for Clinical Research Organizations (CROs), but the problem has accelerated during the last decade.  A recent study, published by BDO, emphasizes this issue, noting that “turnover in CROs has hovered around 25%…

Small biotechs and pharma companies have gained an increased percentage of the clinical research market over the last decade. While some experts may consider this growth a flash in the pan, a recent study conducted by McKinsey indicates otherwise;…

The success of a clinical trial relies on the integrity of the sponsors, vendors and other key decision-makers. While it would be nice to assume that all players uphold moral standards- particularly in an industry where the wellbeing of…

The gig economy has exploded in popularity over the last decade, thanks in part to the Great Recession. At the end of 2009, up to 15 million Americans found themselves out of work and looking for ways to pay…

  Merger and acquisition (M&A) deals among contract research organizations (CROs) have always occurred. But the last few years have seen an unprecedented increase, and industry experts say the trend isn’t slowing down. In 2021 alone, 50 CROs closed…