For people working in the Life Sciences industry, there are many employment options. The differences between start-ups, mid-size pharma, big pharma, and CRO’s can be vague, all offering pros and cons when it comes to working at them. Often, a CRO (Clinical Research Organization) is a great choice.
In recent years, CROs have become more proactively involved in research efforts as pharmaceutical companies have outsourced various tasks and positions. There are now CROs involved in all stages from drug discovery to clinical trials, regulatory filings, and commercialization.
There are several benefits of working for a CRO, including:
- Career Growth – There is frequently more of a variety of projects you will work on. This often leads to career growth opportunities and provides opportunities to move into a managerial role. Ultimately, the experience proves valuable in moving towards a sponsor organization career path as well.
- Higher Salary – CROs often offer a higher salary than pharma companies to compensate for the sometimes long hours and extended responsibilities.
- Telecommute/Remote work – CROs tend to focus on regulatory issues and clinical trial management, which provides more work-from-home opportunities.
- Expanded Skills – Because of the fast-paced environment, you can expand your skillset to a variety of therapeutic areas.
CROs have become essential partners to pharma companies. Pharma companies have been transitioning away from ‘transactional outsourcing’ to supplement their workforce and toward ‘functional outsourcing’, serving as a specific department.
In summary, CROs are a great opportunity to boost your career track and it has become more common to toggle between CROs, small, medium, and large pharma companies without repercussions.
Interested in learning about CRO opportunities? Precision Life Sciences has relationships and experience within all company sizes and CROs. We are experts in matching your skills and goals with the right company, regardless of the size and type.