Top 10 CRO Companies

March 23, 2022

Top 10 CRO Companies

WHAT IS A CRO?

The International Council on Harmonisation (ICH) defined Contract Research Organisation (CRO) as a person or an organisation contracted by the sponsor to perform one or more of a trial related duties and functions of a sponsor.

• A contract research organisation is a lifescience company which provides support for the pharmaceutical industry, biotechnology, medical device industries asc outsourced research on a contractual bias.

• CRO provides services such as bio pharmaceutical, clinical development, managing clinical trials and outcome research.

Top 10 CRO Companies

• IQVIA

• Parexel

• PRA Health Sciences

• ICON

• Syneos Health

• Labcorp Drug Development

• PPD

• Fisher Clinical Services

• KCR

• Medpace

IQVIA:

• IQVIA is one of the largest CROs worldwide with wide range of service offerings aimed at advancing clinical research.

• This company is previously known as Quintiles and IMS Healthcare.

• The company was established in North Carolina 1982 and now employs more than 88,000 people among 100 countries.

• IQVIA unites advances in data science expertise and health sciences to help the healthcare industry make better decisions and improve patient outcomes

Parexel:.

• Established in 1982, Parexel is a worldwide clinical research organization specialized in conducting clinical studies on behalf of its pharmaceutical partners with a view to spreading up and ensuring the drug approval process for potential future therapies.

• The company has its presence in over 50 countries and led by over 18000 employs around the world.

PRA Health Science

• PRA Health Sciences is one of the world’s largest contract-based research organization established in 1976 as the “Anti-inflammatory Drug study group”, it was renamed as PRA in 1982.

• PRA health sciences employs more than 17000 people, covering over 90 countries.

ICON:

• The headquarters of ICON are in Ireland, ICON was founded in 1990 in Dublin by its co-founders John Climax and Ronan Lambre.

• The company has developed into one of the world’s leading CROs. As of September 2020, the company employed over 15000 people across 94 locations and across 40 countries.

• ICON provides clinical research services that involve consultation, clinical development, and commercialisation in broad range of therapeutic areas.

• In 2021, ICON acquired PRA Health sciences, another CRO and one of the world’s leading clinical research departments.

Syneos Health:

• It was previously known as InVentiv Health Incorporated and INC research.

• Syneos Health is an internationally licensed research organization.

• The headquarters are in Morrisville, North Carolina and specializes in helping companies conduct terminal clinical trials.

• This company employs over 25000 people across 91 locations.

• Syneos Health is the only full-service biopharmaceutical solutions company worldwide with the best clinical and commercial minds to improve patient accesses to medicines.

LabCorp Drug Development

• LabCorp Drug Development was previously known as Covance and was renamed as LabCorp Drug Development in early 2020, this is one of the words largest CROs.

• LabCorp currently employs more than 70,000 people and can support clinical research efforts in nearly 100 countries worldwide.

• It is the world’s leading life science company working to provide essential information to assist physicians, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions.

Pharmaceutical Product Development:

• PPD is a leading global contract research organization headquartered in Wilmington, North Carolina.

• It was established in 1985 as a one-person consulting firm, the PPD now has more

than 27000 employees worldwide and provide a broad range of clinical research services to pharmaceutical and biotechnology companies.

• The PPD is a leading global company research organization that provides integrated drug development, lifestyle management and laboratory services.

Fisher Clinical Services:

• As a part of Thermo Fisher Scientific, Fisher Clinical Services is an international clinical research organization with its headquarters in Center valley Philadelphia.

• This company has been in the business of clinical supply chain management and its focus is exclusively on the packaging and distributing requirements of clinical trials world wide

• The main mission of the company is to enable our company to make the world healthier, cleaner and safer.

KCR:

• The KCR was founded in 1997 as Kiecana Clinical Research (KCR).KCR is a contract research organization offering a full range of services in clinical monitoring, safety and pharmacovigilance, clinical project management, quality assurance and regulatory affairs.

• KCR operates world wide and has offices in North America,Western Europe, Central Europe and Eastern Europe.

• It currently has over 700 employees.

Medpace:

• It is established in 1992 and located in Cincinnati, Ohio.

• Medpace is a medium-sized contract clinical research organization.

• This company has more than 2800 employees and it has operations in more than 45 countries.

• Med pace provides support services for phase 1- 4 clinical trails for pharmaceutical and biotechnological companies that include central laboratory and regulatory services.

• Medpace is a worldwide, full service clinical contract organization providing clinical development services to the biotechnology, pharmaceutical, and medical device industries.