Clinical Research Organizations (CROs) are specialized companies that support the pharmaceutical and biotechnology industries in conducting clinical trials. They help design, manage, and analyze studies that test new drugs or treatments to ensure they are safe and effective. By outsourcing these tasks to CROs, companies can save time and resources while benefiting from the expertise of professionals in the field. CROs play a crucial role in the drug development process, working closely with regulatory agencies like the FDA to ensure compliance with guidelines. They also recruit and manage participants, collect data, and provide insights that help bring new therapies to market more efficiently.