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

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).

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 distance learning program: Best Practices for TTOs and University Spinouts in Working with Contract Research Organizations, scheduled for September 20th.

During this one-hour 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. For complete details or to register, click here.

Also coming soon:

FREE WEBINAR COMING SEPTEMBER 26th: Career Development Strategies for Tech Transfer Professionals and Recent Trends in Hiring and Retaining TTO Staff. For complete details and to sign up without cost, click here.

Posted under: Distance Learning, Tech Transfer e-News