Original sentence: A contract research organization (CRO) is a company that provides support to the  pharmaceutical, biotechnology, and medical device industries in the form of research services outsourced on a contract basis.CROs are designed to reduce costs for companies developing new medicines and drugs in niche markets.They aim to simplify entry into drug markets, and simplify development, as the need for large pharmaceutical companies to do everything ‘in house’ is now redundant
Edited sentence: A contract research organization (CRO) is an organization that provides support to the  pharmaceutical, biotechnology, and medical device industries in the form of research services outsourced on a contract basis.CROs provide a more affordable outlet for companies to pursue new medicines, and a cost-effective solution to develop drugs for even niche markets.Working with CROs, entry into drug development has become immensely simplified, as the need for large pharma companies to do everything ‘in house’ is now redundant