What accounts for the expansion in the number and activities of Contract Researc
ID: 259456 • Letter: W
Question
What accounts for the expansion in the number and activities of Contract Research Organizations (CRO's)?
A)
A pharmaceutical company's desire to balance control over drug development with fluctuations in workload.
B)
The pharmaceutical company trying to reduce its fixed investment in development by buying CRO's
C)
The desire to reduce competition with smaller biotech companies
D)
A desire for the pharmaceutical companies to build their in-house development capability
A)
A pharmaceutical company's desire to balance control over drug development with fluctuations in workload.
B)
The pharmaceutical company trying to reduce its fixed investment in development by buying CRO's
C)
The desire to reduce competition with smaller biotech companies
D)
A desire for the pharmaceutical companies to build their in-house development capability
Explanation / Answer
Answer:
Contact Research Organizations (CRO's) are the organizations that gives support to pharmaceutical, medical and biotechnology industry on contract basis.
The main reason behind expansion in the number and activities of Contract Research Organizations (CRO's) is The pharmaceutical company trying to reduce its fixed investment in development by buying CRO's.
Hence,option (b) is correct answer.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.