Clinical trials are growing in complexity – complicated further by the convolution of demand, outsourcing and globalization.
According to a recent study by KPMG, within the pharmaceutical industry, the return on R&D expenditure has fallen from an industry average of approximately 20 percent in the late 1990's to just 10 percent today, while the average cost of developing a drug has risen during that period at a rate of 7.4 percent higher than inflation, due largely to the cost of conducting clinical trials. The drug discovery process is incredibly inefficient, complex, bureaucratic and, above all else, expensive - with only 1 out of every 10 drugs that start trials being approved by the FDA.
Inefficiencies stem from a variety of issues, including; poor site selection, complicated protocols, country specific regulatory requirements, and old-school paper-based processes. Mounting stakeholder frustration calling for greater transparency and changes to expedite the time-to-market for new therapies is adding pressure to automate and speed the adoption of technology which can elevate these bottlenecks. In response, sponsors and CROs have been embracing cloud-based solutions, such as; CTMS, EDC, eTMF, and study startup (SSU), which offer the potential for quantum leaps in cost reductions and accelerated timelines.
But why is the cloud seen as pivotal to these efforts? Cloud computing lowers typical IT barriers of slow time to value, risky implementations, limited resources, heavy maintenance and incompatible systems. Allowing organizations to focus their time and efforts on the pursuit of innovation and growth.
Some of the key factors driving cloud-based adoption are:
- Ease of deployment and management
- Greater flexibility in supporting evolving business needs
- Lower cost of operations
- Easier wat to scale, ensuring availability and performance
- Overall ease of use
Study conduct has often been the focus of efforts to improve clinical trial efficiency, but as stakeholders are becoming increasingly aware that better SSU processes are linked to shorter timelines, the emphasis has been shifting in that direction. SSU includes activities such as country selection, pre-study visits, site selection and initiation, contract and budget execution, and enrolling the first patient.
Research indicates that lengthy start-up times are costly and problematic. SSU presents a challenge because too often information needed to start a trial resides in multiple databases, leaving SSU activities to be performed using Excel spreadsheets, email, and shared file drives. Clinical operations teams are often dispersed across time zones further complicating communications and fueling inefficiencies, as information is not readily accessible and status updates are dated.
These inefficiencies can be minimized using a purpose-built SaaS SSU solution, allowing real-time status updates, combined with workflows that standardize regulatory/SOP processes. Overall, the technology provides improved collaboration, adherence with business processes, bottleneck identification, and eliminates redundant processes.
The amount of data produced by the pharmaceutical industry continues to double every six months, leaving little doubt that these trends will present serious operational and scalability challenges to organizations that continue to rely on custom-build or on-premise applications.
Fortunately, the cloud's inherent scalability, availability and flexibility offer a natural solution to these challenges, eliminating the need to buy, build and maintain IT infrastructure associated with SSU. A shared globally accessible platform affords study teams the opportunity to eliminate data silos and share institutional knowledge – speeding decisions and ultimately the pace of trials.
Using cloud-based technology, a better SSU methodology aligns with the goal of faster development by significantly impacting cycle times, which haven't budged in over two decades, whilst providing a flexible infrastructure that can be scaled globally 'as needed' to accommodate studies. This approach leads to greater cost savings and faster market entry, allowing valuable therapies to get to patients sooner.
Article originally published in CenterWatch, April 2017