Three resonating patient-centric initiatives
Sponsor companies are piloting patient-centric initiatives at a furious pace. Although few initiatives designed to engage patients as clinical research partners have achieved widespread adoption, several are making substantial inroads. In this issue, CenterWatch profiles three major patient-centric initiatives that appear to be resonating across the clinical research enterprise.
More attractive study conduct market invites competition
Profit margins are up at investigative sites. This is welcome news as 2016 promises record levels of study grant spending mixed with intensifying competitive pressures in the study conduct market. A recently completed CenterWatch online survey among 252 experienced investigative sites finds that profit margins have improved substantially. Average reported profit margins in 2015 at these investigative sites were up nearly four percentage points, at 13.9%. This compares with average reported profit margins of 10.1% in 2010.
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