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The following press release provides insight on industry trends
and behaviors impacting all players involved in clinical research
as analyzed and reported by CenterWatch.
Thomson CenterWatch Survey Reveals U.S. Clinical Researchers
Rate GlaxoSmithKline, Eli Lilly and Pfizer Top Sponsors
Boston, MA - June 10, 2003 – Thomson CenterWatch,
a part of The Thomson Corporation (TSX: TOC; NYSE: TOC) today
released recent survey results showing GlaxoSmithKline, Eli
Lilly and Pfizer are rated the top three pharmaceutical companies
by the research centers that conduct their clinical trials.
In order to develop promising new drugs efficiently and effectively,
pharmaceutical and biotechnology companies rely heavily on the
quality of their working relationships with the research centers
that enroll and care for patients in clinical trials. The results
of this recent CenterWatch survey indicate that research sponsors
have done a good job of maintaining – but not improving
– the effectiveness of their collaborations. Protocol
design, query handling, subject recruitment support and the
study grant payment process continue to receive poor ratings
from investigative sites. For example, only one out of three
research centers gives sponsors top ratings for the quality
of their study protocols despite the importance of this activity
to the success of clinical trials.
The 2003 CenterWatch Relationship Quality Survey was conducted
between January and March of 2003. Research investigators and
study staff were asked to rate sponsors with which they have
worked during the past two years across a variety of relationship
attributes. In all, more than 40 biopharmaceutical companies
are rated by 367 investigative sites in the 2003 survey. Results
are compared with those from similar CenterWatch surveys conducted
in 1997, 1999 and 2001. Analyses of the survey results along
with a discussion of company best and worst practices are published
in the June issue of the CenterWatch newsletter.
"Most sponsors continue to receive mediocre ratings from
their clinical investigators and study staff,” said Dr.
Mary Jo Lamberti, manager of Market Intelligence at CenterWatch,
“but there are clearly areas where improvements have been
made. Likewise, there are areas where companies are falling
short. Ideally, research sponsors can use the survey results
as a blueprint to identify ways to improve their relationship
quality and effectiveness. In the coming weeks, we will be meeting
with a number of sponsor companies to review their specific
survey results.”
"Clinical trials are very much a relationship business,”
said Steve Zisson, managing editor of the CenterWatch
newsletter. “Inefficient collaborations between sponsors
and investigative sites mean higher drug development costs and
may also mean lost revenue. In today’s difficult economic
environment, there are many ways that biopharmaceutical companies
can better leverage their relationships with investigative sites
in order to improve performance.”
To order a copy of the June issue of CenterWatch, visit
www.centerwatch.com
or call 800-765-9647. Pharmaceutical and biotechnology companies
interested in receiving a comprehensive report on the results
of the 2003 CenterWatch Relationship Quality Survey should contact
Dr. Mary Jo Lamberti, manager of Market Intelligence Services,
at (617) 948-5130. Custom reports can be prepared that present
company-specific results compared with industry benchmarks and
historical results.
ABOUT THOMSON CENTERWATCH
With a specific focus on the clinical trials industry, CenterWatch
(www.centerwatch.com)
is a Boston-based publishing and information services company
that provides business reports and newsletters, reference databases,
accredited training manuals, original research & analysis,
and market intelligence services to assist organizations in
managing and implementing clinical research strategies and operational
initiatives. CenterWatch is a business of The Thomson Corporation
(www.thomson.com).
The Thomson Corporation, with 2002 revenues of $7.8 billion,
is a global leader in providing integrated information solutions
to business and professional customers. Thomson provides value-added
information, software tools and applications to more than 20
million users in the fields of law, tax, accounting, financial
services, higher education, reference information, corporate
training and assessment, scientific research and healthcare.
The Corporation's common shares are listed on the Toronto and
New York stock exchanges (TSX: TOC; NYSE: TOC).
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