Activity

  • In a university setting, a university sets aside funds for an entire year for all the projects going on in the university irrespective of the type of financial need each department has in terms of research. For example, electronic parts are much cheaper and research is much easier to conduct than to buy material for say a wet lab or research that involves animal studies. Research pertaining to biological sciences are comparatively much more expensive than research in any other field. It is due to the level of safety that needs to be maintained and the direct impact it has on people and healthcare. As the committees in the university need to strictly regulate the budget allotted to each department while also not compromising on the quality of research, university contracting might be a slow process. Whereas CROs are dedicated centers that carry out these trials with trained leaders and employees and the capital is exclusively used for clinical research. Therefore these same departments at a CRO (with skilled and experienced people) are far more faster and efficient than research crew at a university.