Clinical research has found its way in the medical
profession since decades, and is only increasing with leaps and bounds. But,
with the advancement in technologies, the costs associated with such trials are
also increasing. Thus, it is important that steps are taken to lower these
costs so that the prices are affordable for healthcare providers. Companies are
therefore needed to optimize value and curb expenditure by streamlining
research and development. To control these costs, there have come up some
latest trends in the clinical research field this year. So, let us take a look.
Shorter clinical trials
Clinical trials of significant treatments have been large, with demonstration of an endpoint of overall survival, so as to gain approval. But now, regulators are becoming flexible, and are allowing companies to use surrogate endpoints to gain approval. This marks a major win for the industry, and shows progression in the general direction of accelerated drug approvals. And, such shorter clinical trials are only going to see popularity and opportunities in the future.
Dependence on real world data
Data collected from sources outside clinical trials, incorporating the monitoring of social media, electronic medical records, and wearable health tracking devices can help tailor clinical protocols to apply to real world circumstances. All of these are therefore known as real world evidence, bringing real insights from patients. In fact, there are companies that are planning to increase their staff for special collection and analysis of such real world data! This definitely proves that this is a very significant trend.
Outsourcing
There is a fast-growing trend of unison within biotech and pharmaceutical industries. Large CROs offer their sponsors a one-stop suite of services, and broad geographical reach for multicenter phase 3 trials. This activity has been seen to be in process since 2013, and is only growing ever since. And this year, it has seen amazing progress in countries like USA, Europe, China, India, and Brazil.
All these trends have paved the way for smarter clinical research. There is no doubt in the fact that there are still many inefficiencies to be ironed out in the management of clinical trials, but such trends like those mentioned above, and many more to come, are all set to bring change for sure. There will be more targeted patient recruitment, better designed protocols, and thus better outcomes. Companies and researches who can embrace these new smarter ways of working are the ones who will succeed, even with all the challenges they face; thus, keeping them in demand at all times.
You can learn all the traditional and latest ways of executing clinical trials by enrolling yourself at one of the top clinical research institutes in Bangalore – Avigna Clinical Research Institute. Here, you can learn from excellent clinical research professionals, right from the comfort of your home, without having to give up on your current job and responsibilities. Numerous students have benefited from the robust curriculum here that is coupled with training in soft skills, and 100% placement guarantee in leading CROs, Biotech companies, and pharmaceutical companies.
For more info, kindly visit our site at @ www.avignaclinicalresearch.com
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