Contract research organizations (CRO’s) have become a major player in the biotechnology research field. The recent explosion of CRO’s do to clinical trials and decreased in-house R&D has made CRO’s a prime target for private investment. With growth comes increased competition however. To compound this problem, small- to mid- size CRO’s have to compete with established and strategically situated CRO market leaders. Having a management team with experience in the pharmaceutical services field who also possess a global network of established investors is the CB advantage that will help an up and coming CRO attain capital.