Designed to help the pharmaceutical industry more effectively to decide on the choice of their CROs, this first-ever public CRO pricing service reflects the up-to-date situation in the CRO market, as it not only considers the type of service required but also the price reductions for the quantity, and the trial specifications and timelines.

This is good news for the managers and decision makers. The online tool provides them the unique means to obtain the independent prices instantly via internet, as if checking the price of a flight ticket.

Arman Notghi, managing director, Dr. Notghi Contract Research, Berlin, Germany, said "The launch of this tool should come as good news to the pharmaceutical industry. It is clear that drug manufacturers are reducing heavily their outsourcing costs. Clearly, on the face of the fact that outsourcing in the pharmaceutical industry has tangibly been reduced, this is one area where the CRO market has to be rebalanced. It has to made more dynamic by giving the industry the possibility to compare prices instantly and to reach their financial targets by avoiding the expensive CROs."

Notghi said "All who had a suspicion that their CRO cost proposals are possibly over priced acknowledge they had no possibility to check the 'real' market prices, until now."

As the most clinical trials are carried out internationally, this pricing tool is expected to have impact on the European CRO market and perhaps also the US market. As, for example, the CRFs for a trial in Paris or Frankfurt may just as well be designed by Dr. Notghi CRO in Berlin with the same standard as in a CRO Paris or Frankfurt, but to a realistically lower cost.

The pricing service tool can calculate an individual cost estimate evaluating the trial specifications and the timelines of the services required as well as general up-to-date prices. This tool can also be used for planning the study budget as well as finding out the 'right' price for your outsourcing requirements.

Clients rely on Dr. Notghi CRO pricing tool to identify CROs with competitive prices, to save time and work required to find the right CRO, and to raise the profitability of their activities.

Contact: Arman Notghi +49-30-46064-789, email: contact@notghi.com Note to Editors: Look for this tool on the Internet at www.notghi.com .

Dr. rer. nat. Arman Notghi Dr. Notghi - Contract Research Organisation Maxstr. 3a, D-13347 Berlin, Germany Tel.: +49-(0)30-46064 789 Mobile: +49-(0)178-5 192 172 Fax: +49-(0)30-46064 733 www.notghi.com