Frequently Asked Questions
How is Anchor different from a CRO?
Anchor operates as a consortium of expert consultants in the model of a Research Consultant Organization (RCO), providing strategic consulting rather than full-service trial execution. We offer services as an extension of the client's team, including more flexible support and direct access to senior experts for proactive guidance on managing risk throughout the different stages of clinical development. We can assist clients in shaping the scope for CROs and other specialty vendors and in providing oversight of those services. Unlike CROs that typically depend on contracts with broad scopes and set payments to support high overhead costs, we offer cost-effective solutions on an “as-needed” basis and invoice only for services provided.
What is Anchor’s team selection criteria?
We maintain the highest standards of excellence by exclusively engaging consultants who have either worked alongside our leadership in previous roles or come highly recommended by our most trusted professional connections. Anchor consultants have demonstrated the ability to anticipate challenges and navigate ambiguity, and they align with our values of strong integrity, quality work dedication, dependability, receptiveness to ideas, self-awareness, and data-driven curiosity.
How does Anchor approach program risk assessment and reduction?
Anchor identifies risks proactively by confirming alignment among scientific, operational, and regulatory priorities. Our approach centers on partnership – understanding client objectives at all levels and bringing stakeholders together to assess risks at each stage. Senior consultants provide operational governance beyond standard updates, with tailored tracking and accountability plans. Our flexible model enables clients to access expert individuals or a team of experts who can troubleshoot in real time and quickly respond to identified issues.
How does Anchor ensure project assignments don’t change?
We strategically match client needs with our network of specialists, who then personally evaluate and opt into projects aligned with their expertise. By establishing project-specific contracts with consultants who have actively chosen your work, we create enduring project partnerships with minimal turnover risk, ensuring consistency and accountability throughout your project's duration. Unlike CROs that may have to cycle staff to maximize utilization, we provide expert consultants who confirm alignment with project expectations and then commit to their matched projects across the lifetime of the projects (barring unforeseen circumstances). Anchor’s consultant services also include a management team who will continuously check in with consultants on project progress and provide backup in contingency scenarios.