Can outsourcing of clinical trials help Pharma companies?

A clinical trial refers to the medical research studies that are conducted to determine the safety and effectiveness of new drugs or treatments. However, falling revenue and unnecessary clinical trial procedures are pressurizing Pharma companies to identify new ways to reduce cost and improve their research efficiencies. One way to achieve cost cutting and reduce […]

Pharma clinical trials outsourcing on the rise in 2011: Kalorama Study

December 28, 2011: A recent study has found that more than 33 per cent of the clinical trials that are being performed by Pharma companies are being outsourced to third party service providers. There is also increase in the value of the activities that are being outsourced. The worth of the portion of global research […]

Pharma sector fails to leverage potential in outsourcing: Datamonitor Study

September 29, 2011: What are manufacturers in the Pharma industry waiting for? Datamonitor study has brought out this point strongly in their latest study. A research study by Datamonitor says that there is enough scope and opportunities for the Pharma sector companies to use outsourcing, which have not been exploited to the maximum. These findings […]