|By PR Newswire||
|January 31, 2014 01:23 PM EST||
DUBLIN, Ireland, January 31, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/bcf5kr/2013_phase_i) has announced the addition of the "Phase I Study Trends and Market Outlook" report to their offering.
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This report surveyed 119 respondents with responsibility and decision-making for Phase I study conduct and outsourcing activities. This report provides novel, first-hand insight into phase-specific study trends and the use of service providers for Phase I studies.
This report provides the pharmaceutical industry and its service providers with new insights into phase-specific trends affecting in-house and outsourced Phase I clinical trials.
Of all the phases of clinical development, few are more dynamic and more in need of clarity than Phase I. ISR's recently released report compiles data from those at the heart of the decision-making structure to understand how the conduct and outsourcing of Phase I studies is changing, explained Kevin Olson, CEO of Industry Standard Research. Seventy-seven percent of respondents agreed that Phase I studies are becoming more complex; drilling into the data reveals this may be a symptom of the expanded use of patient populations, non-traditional geographies, and more multi-site and multi-country designs.
The report compiles data from 119 study managers, directors, and executives from sponsor organizations. All have responsibility for their organizations' Phase I clinical trials.
In addition to the analysis of study trends, ISR's report spends significant energy to quantify the proportion of studies outsourced, the dollar value of those studies, and sponsors' in-house capabilities. The report also identifies sponsors' preferences for 22 different service providers and uncovers strategies sponsors commonly use to determine whether to outsource Phase I studies.
For sponsors and service providers alike, this report represents a wealth of actionable data to aid strategic, operational, and resource planning now and through 2016, Olson explained.
For more information visit http://www.researchandmarkets.com/research/bcf5kr/2013_phase_i
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