Why Estimation Accuracy Matters For The FDA Approval Process

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Group of biostatistics professionals in a dark room standing in front of a large data display screen with information.Accuracy matters. In fact, a minor inaccuracy during the FDA approval process can end up costing your organization an average of a million dollars a day for an average of three months. And if your CRO doesn’t provide you with an accurate estimate, you can start adding significant costs on top of that. Read more

Speed Or Accuracy? You Need Both.

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Speed Or Accuracy? Which Do You Need More?

Of course, this is a false dichotomy. You need both from your biostatistical contract research organization (CRO). Inaccurate research and data analysis isn’t just useless, it’s very costly — to the tune of one million dollars a day. That doesn’t even include the cost to your organization’s reputation or a potential exodus of investment dollars. Read more