Does partnering with a CRO reduce project risk?
If you do choose to partner with a CRO how do you go about choosing the CRO?

My initial thought was that hiring a CRO does indeed reduce risk, but then I got stuck with the questions: How do I pick the right CRO to partner with? and do I pick the cheapest or the most reputable?

In the following article the author suggest that a company should choose a CRO based on the size of the trial, the resources required and the manpower needed to complete the trial. Pairing smaller trials with smaller CROs and larger trials with larger CROs. One of their points was that if you choose to send your small trial to a global CRO yes they have the reputation behind them but your small trial is not a priority when you bring them a small percentage of revenue while they have other companies that are responsible for 20% of their annual revenue.

What is your take on this point of view?

Article (since links don’t work)
Title: ‘No one ever gets fired for hiring a TOP 10 CRO.’ Why?
Author: Matthew Barrows
Date: 11/15/18
Website: Outsourcing-Pharma