What do CRO and CMO mean?

In the field of medicine, CRO refers to contract research organization, which provides technical services for clinical trials and registration of drugs; CMO refers to contract manufacturing organization, which provides production research and development services.

Domestic pharmaceutical CRO companies include Clintai Medicine and Tiger Medicine.

The most striking feature of CRO is specialization and high efficiency. As an external resource that pharmaceutical enterprises can borrow, it is beneficial for pharmaceutical enterprises to improve the concentration of resources and form the scale advantage within enterprises. ② The speed of listing new drugs in pharmaceutical companies has been greatly improved, and the management and R&D expenses of pharmaceutical companies have been reduced.

Extended data:

CRO provides certain stage and part of research services according to its own advantages. Such as agent drug registration application and clinical trial approval, translation and preparation of application materials, drafting and improvement of trial scheme, selection of researchers and participating units, process optimization, preparation service, formulation of standard operating procedures (SOP), supervision service, data collection, product support, etc.

Now one-stop service has become a trend. For pharmaceutical companies, the efficiency of obtaining multiple services from a CRO company is very high, and the comprehensive cost will also be reduced, so CRO companies are increasingly developing in the direction of providing comprehensive drug research and development services.