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A CRO is an independent agency that steps in during the development process of new molecules. Typically, in the instance of a new molecule being identified by a pharma company, it is the CRO that performs clinical trials to examine the efficacy of the new molecule on humans. As independent agencies, CROs provide an objective assessment of the efficacy of a new drug. Moreover, because CROs partner with many companies, they evaluate new molecules with a broader perspective than if the clinical trials were carried out by the pharma companies themselves.
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