The clinical trial industry is going through a 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 small. But later, the surge in clinical trials around the globe resulted in the overflow of data pertaining to 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. Organizations 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. The capabilities of CTSM software are further enhanced by the incorporation of technologies like blockchain, artificial intelligence (AI), and machine learning (ML).
This edition of Pharma Tech Outlook brings you the best clinical trial services companies selected by our distinguished panel comprising CEOs, CIOs, VCs, industry analysts, and Pharma Tech Outlook’s editorial board. These companies have exhibited extensive business process knowledge and expertise in CTMS solution implementation to address the unique challenges of the clinical trial space. We present to you ‘Top 10 Clinical Trial Services Companies in APAC – 2019.’
