Contracting Out Frees Sponsors Up

Posted: 5 August 2024

Contract manufacturing organizations (CMOs), contract development and manufacturing organizations (CDMOs), and other contract organizations offer sponsor companies flexibility by providing capacity, expertise, knowledge, and cost savings. They also offer smaller biopharma companies with limited resources opportunities they would not otherwise have.

These benefits can only be realized if there is open and transparent communication regarding expectations for both parties, including the extent of development work and final deliverables to be provided by the contractor and the information to be provided by the sponsor. Establishing detailed quality agreements focused on client needs at the outset can in the long run reduce issues, errors, and oversights, saving time and money.

Learn more on the topic in these two MJH Lifesciences publication articles:

https://www.biopharminternational.com/view/contracting-out-frees-sponsors-up

https://www.pharmtech.com/view/contracting-out-frees-sponsors-up