Contract research organizations (CRO) provide many advantages to enable faster new product development, especially when a key hurdle to the new development requires skills or capabilities that are not core to the company developing the product. CROs can provide access to specialized expertise and capabilities, and enable the company to focus on what they do best. This presentation will explore different aspects of the relationship with a CRO. We intend to emphasize these elements of the relationship:
- Benefits of renting over ownership for non-core skills
- Project management
- Cooperative learning
and show how finding the right CRO partner can deliver significant benefits to the project.
Scott Hanton earned a BS in chemistry from Michigan State University and a PhD in physical chemistry from the University of Wisconsin-Madison. After graduation he joined the Analytical Science Department at Air Products and Chemicals, Inc. in Allentown, PA. In a 20-year career at Air Products, Scott had research roles in laser science, mass spectrometry, and polymer analysis, and a series of analytical technical management roles. For the next four years, Scott was the laboratory operations manager and chief scientist for Intertek Allentown (PA). Scott’s current role is the general manager of the Intertek Allentown business. Scott has been active in ALMA since 2003 and on the ALMA board of directors since 2009.