Stakeholders, sponsors, vendors

Stakeholders in drug development 

https://mxschons.com/2023/stakeholders-in-drug-development-drug-development-101-series/  

 

Sponsors such as pharmaceutical companies that oversee the process and assume responsibility for bringing a drug to market;

Vendors provide specialised services in areas like clinical trials and manufacturing and study sites who run trials and recruit participants;

> To put phase III into execution needs heavier investments and big pharmas are needed to invest on it for licenses or product. They are not necessarily specialized on routines, but hire vendors.

https://www.stellarmr.com/report/Clinical-Trials-Market/802 

(First referred on 9.12.2024 and 8.11.2024)

"The increasing need for coordination and collaboration in research is the key factor that would contribute to the growth of the Clinical Trials Market during the forecast period. The pandemic highlighted the need for quick mobilization and integration of distributed resources by facilitating international collaboration to provide conclusive and integrative evidence. The investment in large-scale clinical trials and consolidated funding towards master protocols needed in trials, imperative to implement seamless data sharing, credit allocation and government and commercial interest, will lead to significant growth of the Clinical Trials Market."

95 mrd$ by 2032 

 

Key Players: (!)

  • IQVIA (US)
  • LabCorp (US)
  • WuXi AppTec (China)
  • Laboratory Corporation of America Holdings (US)
  • Syneos Health (US)
  • Pharmaceutical Product Development (US)
  • PRA Health Science (US)
  • PAREXEL International (US)
  • Bioclinica Inc. (US)
  • ICON Plc (US)
  • Charles River Laboratory (US)
  • CONET GmbH (Germany)
  • FGK Clinical Research (Germany)
  • BG ClinicalS Ltd (France)
  • ClinSearch (France)

'Sponsors' lead...

 

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