How to realise the full potential of functional service provider roles
Today’s clinical trial environment is changing how life sciences companies outsource core research tasks.
Sponsors are facing increasing costs, continued patient recruitment challenges, and huge changes in how clinical trial data is collected and monitored.
This is driving demand for more flexible approaches that deliver the ability to engage expert services when and where they are needed.
Sponsors are increasingly complementing the traditional full-service contract research organisation (CRO) model, for example, with the functional service provider (FSP) approach. In 2020, large biopharma companies’ use of FSP was growing at more than 13% a year.
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