Current industry trends are examined as the context of This report summarizes the current landscape for outsourcing in the pharmaceutical industry, identifying emerging trends and predicting important models for the future. A review of traditional and emerging working relationships between pharma and CRO are also presented.
Features and benefits
Highlights
The use of outsourcing has developed over the last 10 years from a tactical commodity exchange to a full strategic partnership involving sharing of goals and objectives, milestones, knowledge, processes, and in some cases, risks. This trend is predicted to continue over the coming 5–10 years.
Offering drug discovery and preclinical research facilities supports full-service CROs in their position as sole providers for large pharmaceutical companies. The global market in drug discovery and preclinical outsourcing is expected to continue to show strong growth over the short to medium term.
CROs are leading the field in the development of innovative solutions to improve clinical trial efficiency, including the use of adaptive design trials. Adaptive design improves efficiency by reducing waste and shortening timelines.
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Table of Contents
About the author
Disclaimer
EXECUTIVE SUMMARY
Introduction
Emerging outsourcing strategies
The future of drug discovery and preclinical outsourcing
The future of clinical outsourcing
Introduction
Summary
Introduction
A crisis in innovation
A challenging time for pharma
Loss of patent protection
Inadequate product pipelines
Increasing complexity of drug development process
Saturation of easy-access products
Rise of biological products
Increasing regulatory scrutiny
Global economic crisis
Strategic solutions to the industry crisis
Increased R&D spending
Consolidation
Biotech in-licensing
R&D reorganization
Outsourcing
Rise of outsourcing
Benefits of outsourcing
Emerging outsourcing strategies
Summary
Introduction
Strategic models by degree of integration
Transactional (project-by-project) approach
Preferred provider
Partnership
Strategic alliance (risk-sharing)
Full integration
Service provision
Full-service outsourcing
Functional service providers
Niche outsourcing
Relationship management
Managing successful relationships
Exit strategies
The future of drug discovery and preclinical outsourcing
Summary
Introduction
Drug discovery outsourcing
Market drivers in drug discovery outsourcing
Limitations of drug discovery outsourcing
Factors for success in drug discovery outsourcing
Preclinical outsourcing
Preclinical outsourcing market
Preclinical outsourcing trends
The future of clinical outsourcing
Summary
Introduction
Traditional outsourced clinical services
New model of clinical development
New ways of conducting clinical trials: adaptive design