Best Practices for TTOs and University Spinouts in Working with Contract Research Organizations

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Best Practices for TTOs and University Spinouts in Working with Contract Research Organizations

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What’s included

Access to the on-demand video with closed captions and presentation materials.

Learn why, how, and when to contract with a CRO, how to choose the best CRO for your project(s), and more

$197.00

Program agenda:

Why and when should universities and spinouts work with CROs?
What to expect: How CROs operate
How do you know if your start-up or drug candidate is ready to engage with a CRO?
Involvement of faculty, spinouts, and TTO in CRO coordination
Which CROs should you work with?
- Capabilities
- Costs
- Specialization
- Certification and Compliance
- Services
- Timeliness and Reporting
How can you ensure a strong relationship with your CRO?

As industry and investors have become more risk averse, universities have increasingly turned to internal de-risking strategies for drug candidates to better attract potential licensees or to advance their faculty start-ups. However, the de-risking process can present a daunting hurdle that can stop what could be a life-saving innovation in its tracks. As a result, many TTOs and university spinouts have begun working more closely with contract research organizations (CROs). CROs come in many flavors, sizes, and specialties. Traditionally perceived as simply “service providers,” CROs are now becoming recognized as essential extensions and even partners of universities in bringing promising therapies to market.

One big benefit of a CRO is speed. University labs often struggle with competing priorities, personnel shortages, and equipment limitations; CROs offer quick turn-around-times, along with high quality, deep expertise, and airtight regulatory compliance. Additionally, studies performed at CROs can produce the quality of reports expected by pharmaceutical companies and investors, offering external validation to previously performed university studies.

However, navigating the vast, growing expanse of CROs – with varying specializations and capabilities – is not an easy or straightforward task. That’s why we’ve teamed up with Judy Prasad, PhD, Assistant Director of UNC-Chapel Hill’s KickStart Venture Services, for this informative one-hour program.

During the program you will learn why, how, and when to contract with a CRO, how to choose the best CRO for your project(s), and how to ensure the CRO relationship works optimally for your TTO to support your university’s innovators and spinouts.

Program Leaders

Assistant Director KickStart Venture Services

What’s included

Access to the on-demand video with closed captions and presentation materials.

Learn why, how, and when to contract with a CRO, how to choose the best CRO for your project(s), and more

$197.00

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