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Balancing Flexibility With Control
Today, let’s talk about contracts—a fundamental part of your relationship with a CRO.
Our partnerships always start with a scientist-led discussion to ensure that the best solutions are identified and implemented.
Our contracts can be customized to meet customers 'needs, and we can help you find the right balance of flexibility and control.
Faster, Flexible, Efficient
One type of contract that customers of our ADME Services highly value is our call-off model. Here, study pricing and service levels are agreed up-front, and a Purchase Order to cover the project is put in place. As studies are requested, these are scheduled and invoiced monthly.
The call-off contract shows both sides' intent to have a collaborative, longer-term relationship.
This option combines some of the benefits of the Fee-for-Service (FFS) and Full Time Equivalent (FTE) contracts in that it offers:
Faster ADME turnaround means more Design-Make-Test-Analyse cycles per year, enabling faster access to better candidates. Who doesn’t need that at the sharp end of drug discovery?
Being brilliant to work with isn’t just about personal interactions; it’s about making our customers’ lives easier, working together to reduce the admin so we can concentrate on the science. So, let’s embrace call-off contracts, which are one part of the solution to delivering value in drug development services.
When comparing different contract types, one typically comes across Full Time Equivalent and Fee-for-Service models. See here for why our Call Off is the sweet spot between the two:
Author: Dr Luka Wright
Fee for Service, Call Off and FTE models are available for many of our services.
If you would like to find out more book a meeting today or contact us on cls-info@conceptlifesciences.com