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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.
NOVARTIS, ASTRAZENECA, AND MERCK NAMED TOP
SPONSORS BY EUROPEAN RESEARCHERS
Based on Survey Conducted by Thomson CenterWatch
BOSTON – June 2, 2004 – Thomson (TSX: TOC;
NYSE: TOC), a global leader in providing integrated information
solutions to scientific and healthcare customers, today announced
results from a CenterWatch survey among 306 European investigative
research centers (sites) evaluating their relationship with
pharmaceutical and biotechnology companies that sponsor clinical
research.
The results rank Novartis, AstraZeneca, and Merck as the top
three pharmaceutical companies. Novartis had the highest overall
average rating and the most significant improvement in ratings
since the 2002 survey, with almost 85% of all ratings “good”
or “excellent.” AstraZeneca rated highest for work
style and ongoing process effectiveness. Merck took the highest
ratings for its support of the grant payment process.
When compared with the 2002 findings, the survey illustrates
an overall improvement in industry relationships. The reason
for the increase, according to Mary Jo Lamberti, Ph.D., senior
manager of market intelligence at CenterWatch, is fairly clear:
“pharmaceutical companies are recognizing strong sponsor-site
relationships are key to speeding up the drug development process
and therefore cutting their time to market.”
By conducting this survey every two years, Thomson CenterWatch
not only provides sponsor companies a benchmark for their performance,
it ultimately improves the level of services to the investigative
sites throughout Europe.
“Biopharmaceutical companies are putting more effort
into training and retaining good personnel. Ratings of professionalism
of medical staff, monitors, and clinical research associates
have all increased,” said Lamberti.
The 2004 survey also identified areas pharmaceutical companies
need to enhance to broaden their clinical research activities
throughout Europe. These include setting realistic patient enrollment
goals, being flexible when modifying protocols and contracts,
and paying grant payment in a fair manner.
The CenterWatch European Investigative Site Survey was conducted
from late 2003 through early 2004. Research center professionals
were asked to rate 27 attributes of sponsors they worked with
in the past two years. The attributes fell into three broad
categories: general project management expertise, personnel
and workstyle, and project-specific activities and responsibilities.
Detailed analyses of the survey results, along with a discussion
of top-rated company practices, were published in the May issue
of The CenterWatch Monthly newsletter. To order a copy,
visit www.centerwatch.com
or call CenterWatch customer service at (800) 765-9647. Pharmaceutical
and biotechnology companies interested in receiving a comprehensive
customized report on the results of the 2004 Thomson CenterWatch
European Investigative Site Survey should contact Mary Jo Lamberti
at (617) 856-5956.
The Thomson Corporation and CenterWatch
The Thomson Corporation (www.thomson.com),
with 2003 revenues from continuing operations of $7.6 billion,
is a global leader in providing integrated information solutions
to business and professional customers in the fields of healthcare
and scientific research, law, tax, accounting, financial services,
higher education, reference information, corporate training
and testing and assessment. Its healthcare solutions include
CenterWatch (www.centerwatch.com),
a leader in the clinical trials industry. With a specific focus
on the clinical trials industry, CenterWatch is a Boston-based
publishing and information services company that provides business
journalism, reference databases, accredited training manuals,
original research and analysis, and market intelligence services
to assist organizations in managing and implementing clinical
research strategies and operational initiatives. The Thomson
Corporation's common shares are listed on the Toronto and New
York stock exchanges (TSX: TOC
- News;
NYSE: TOC
- News).
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