In this free webinar, learn about the unique needs of Clinical Research Organizations (CROs) and Functional Service Providers (FSPs), from a technology perspective, to gain access to data in real-time for making timely scientific and operational decisions. Attendees will gain insights into the decision-making process in selecting the right platform for their clinical trial needs. The featured speakers will identify outcomes/benefits that companies have achieved in cycle time reduction, operational efficiency, cost competitiveness and faster time to market for drugs and therapies for their sponsors.
TORONTO, April 17, 2023 /PRNewswire-PRWeb/ -- Clinical research has been continually transforming through the adoption of new pathways, tools, technologies and techniques. A report by the Institute of Medicine (US) RoundTable on R&D found that an average clinical trial generates up to three million data points and counting. Such developments are increasing the complexity of data collection, cleanup, aggregation and analysis.
Clinical Research Organizations (CROs) and Functional Service Providers (FSPs) play substantial and unique roles in the conduct of clinical trials. They are posed with the challenge of reviewing clinical and operational data during the study, identifying any problems and addressing them sooner rather than later to keep the study running. The increase in the 5 Vs (volume, velocity, variety, veracity and variability) of data, calls for the adoption of modern technology to rein in the complexity and make the data available for driving real-time or near real-time decision making.
CROs and FSPs need technology platforms that meet certain criteria that are uniquely different from the typical sponsor needs. For example, a highly interoperable platform to connect with diverse clinical ecosystems that their sponsors would have etc. Also, adoption of processes like RBQM/RBM is on the rise creating opportunities for these service providers to expand their offerings like central monitoring, risk-based data management, etc.
These evolving needs require agile technology platforms that can be configured to make data and insights available for real-time decision making.
Many CROs and FSPs have successfully met these challenges, created opportunities for growth in the marketplace and are advancing clinical research.
Register for this webinar to discover the featured speakers' perspectives and experiences in selecting and adopting a data and analytics infrastructure that brings faster time to insights managing multiple data sources.
Join Venu Mallarapu (Moderator), VP, Global Strategy & Operations, eClinical Solutions; Katrina Rice, Chief Delivery Officer, Biometrics Services, eClinical Solutions; Mahesh Iyer, Vice-President, GDO Innovation Lead and Head, GDO India, Parexel; Lori McDermott RN, BSN, MSc, PMP, Chief Operating Officer, LumaBridge, for the live webinar on Wednesday, May 3, 2023, at 10am EDT (4pm CEST/EU-Central).
For more information, or to register for this event, visit Accelerating Clinical Research: Challenges, Opportunities & Technologies for Real-Time Decision Making by CROs and FSPs.
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