The global population desperately needs better medical services to deal with new diseases and conditions. Creating these new medical services and drugs requires efforts from facilities with the technology, expertise, and resources to boost research practices. Clinical research organizations are the key driving force for medical research and are critical in boosting disease prevention and protection practices.
Based on the global disease prevalence, every country should have its CROs to help with medical research to boost healthcare delivery. However, not all these organizations will provide the best medical services. The best CROs should have the technology, resources, and expertise to boost the result outcomes.
- Hexaware Clinical Research Organization
Hexaware is not a clinical research organization (CRO) but is a crucial partner for industries that engage in CRO. This partnership is critical due to the advanced use of technology to diversify the clinical research process. The application of intelligence, cognitive activities, decentralization, and cloud services makes it one of the leading CROs. This clinic supports using remote patient engagement technologies to ensure the parties get the best medical care.
The clinic may not have all the medical research facilities, but it provides the relevant technologies needed by CROs. It partners with some leading clinical research organizations to ensure they have the right data and technologies to support the process. It also offers virtual trial platforms to boost operational excellence to enable research labs to get the fastest patient recruitment and increase patient engagement in the clinical trial processes.
It also helps the laboratories secure patient consent and data to prevent attacks, upholding privacy and confidentiality. The partnership between Hexaware and CROs is critical for rapid vaccination development, decentralized trials, and leveraging AI technologies for medical facilities.
With annual revenue of $10.40B annually, this is one of the biggest CROs globally, with operations in major countries. It has a market capitalization of about $30.55B, making it one of the CROs with the largest market share. Founded in 1982, the company has been vital in boosting scientific research and engages in various data innovations to boost clinical tests and results in accuracy.
The company has also been vital in driving global medical research and issuing the best healthcare services by facilitating medical research about vaccination and developing drugs suitable for suppressing germs and bacteria and preventing infections. Taking advantage of the growing and developing biotechnology, and is one of the world’s leading sources of medical information needed by different medical institutions globally.
The main goals of the CROs are to focus on four key areas: commercialization, transformative medical technologies, real-world value outcomes, and research and development. It also develops CR technologies to be used by other organizations to boost result accuracy and faster result delivery. IQVIA also funds and supports different research organizations to boost the outcomes.
Headquartered in Princeton, New Jersey, this CRO has been in operation since 1996 and has been a critical player in the CRO industry. It provides comprehensive medical and clinical laboratory services to facilitate the end-to-end solutions needed for drug commercialization, diagnostics, and drug development.
The company commits to its mission of bringing new innovative medicines to patients sooner and has worked with different partners to produce over 50 currently sold drugs. It also partners with other pharmaceutical services to facilitate drug development, becoming one of the leading organizations producing vaccines in the United States.
Partnerships and technology sharing are critical for developing various medical facilities; the lab recognizes these opportunities and partners with private and public laboratories to boost clinical research. Due to its advanced technologies, the company is a critical player in developing Covid-19 vaccines and boosters. This technology was critical for medical research facilities that needed to study the virus genome and create a vaccine to curb its effects.
- PRA Health Sciences
This is one of the leading public research organizations and companies focused on CR in different countries. The company has been key in facilitating global medical research and provides other advanced technologies that boost biotechnology and pharmaceutical practices globally.
With branches in major countries in America, Europe, and Asia, the company studies diverse diseases, provides solutions based on these countries, and helps them suppress disease-causing agents. Since 2000, the company has been significant in drug administration and worldwide administrative practices to create different drugs and regulate their usage.
Teaming up with different global organizations such as the United Nations and other environmental organizations, the company facilitates medical care practices globally. The experience dealing with different research organizations globally gives it the expertise to advise influential organizations and governments to boost clinical and medical research practices.
- Syneos Health
Syneos Health is one of the oldest CROs focusing on activities to boost clinical research. The company focuses on introducing different therapies ideal for facilitating recovery processes. They focus on boosting clinical research success and biopharmaceutical acceleration activities to deliver the best medical research practices.
Innovative technologies boost the result delivery turnaround and increase positive results. It also creates different medical devices suitable for medical diagnostics. Critical partnerships with academic bodies, medical research facilities, and laboratories facilitate drug development and lifecycle management to boost the acceleration of medical research.
The main services offered include pharmaceuticals, biotech, and medical device industries. The goal is to create relationships with investigators and obtain the best services to boost medical research.
There are different CROs committed to clinical services, such as developing diagnostic technologies, vaccine and drug development, and boosting partnerships to increase medical and clinical research. When selecting an ideal laboratory, you must focus on their experience, technologies, and practices to promote medical practices. You can also focus on those with global operations and with partnerships with primary medical services.