Deliver Clinical Trials On Time and Within Budget By Addressing this One Problem

Annual planning is an opportunity to fix this long-standing clinical operations issue

At the beginning of many pharma companies’ financial year, an annual planning process occurs.  This presents an opportunity for stakeholders to align on short-, mid-, and long-term goals.

Clinical stage pharma companies focus on clinical-trial related goals.  These include completing ongoing clinical trials and initiating new ones, in the context of the company’s commercial plans as well as market pressures.

Clinical operations executive leaders within these companies can use this planning process to make investments that address common barriers to achieving their department’s goals:

• Lack of sufficient resources
• Incomplete data aggregation
• Inadequate technology support

These problems are often related and represent different aspects of the same issue – inefficient processes and low productivity:

• Clinical Program Managers (CPMs) may say that they experience the greatest challenge at the start of each new study.  Site activation, patient screening/recruitment, and vendor selection don’t seem to get easier, despite prior experience.
• For Clinical Trial Managers (CTMs), having timely and meaningful access to aggregate and singular data across their study’s lifespan is the most excruciating challenge.  Maintaining scores of study trackers and navigating multiple data systems to do this, leads to manual work, uninformed decisions, burnout and subsequent employee turnover.
• Company Executives will say that having access to accurate data so they can avoid uncertainty and make informed portfolio/strategic decisions, is one of their critical responsibilities.  This element could severely impact commercial targets, budget allocation, and funding.