The clinical trial industry is going through rapid transformation driven by the latest technologies and a high volume of data. Initially, clinical trials data were handled using the in-house, home-grown program as the number of patients and tests were limited. But later, the surge in clinical trials around the globe resulted in the overflow of data as new drugs, ailments and their outcomes being recorded.
In addition, organizations in contract medical device, biotech, pharmaceutical, and research are facing challenges to scale up before their competitors and produce trial data that is more accurate and credible and complies with regulations enforced by drug authorities. They are also worried about the higher prices of conducting a trial and the time it takes to complete it.
In that scenario, Clinical Trial Management Software (CTMS) works as a boon as it streamlines the approach across clinical development programs which in turn enables centralization, standardization, efficiency and cost saving. By leveraging innovative technologies like blockchain, artificial intelligence (AI), and machine learning (ML), CTMS has also opened up more avenues to instil efficiency into the process of conducting trials. However, to realize the full potential of CTMS, organizations need expertise, and clinical trial management service providers fulfill this need. They understand the customers’ requirements and suggest the right solutions along with flexible approaches that help them achieve success in their clinical trials.
This edition of Pharma Tech Outlook brings you the best clinical trial management service providers selected by our distinguished panel comprising CEOs, CIOs, VCs, industry analysts, and Pharma Tech Outlook’s editorial board. The list consists of eClinical Trial Management service providers that address the dynamic challenges of clinical trials. The following companies have exhibited extensive business process knowledge, along with integrated and innovative capabilities to handle the unique challenges of the clinical trial space. We present to you ‘Top 10 Clinical Trial Services Companies – 2019’.
