Future of CRO-Pharma Relationship: Thriving with ......agenda 18/11/2018 3 • principles of...
Transcript of Future of CRO-Pharma Relationship: Thriving with ......agenda 18/11/2018 3 • principles of...
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Future of CRO-Pharma Relationship:
Thriving with Collaborative Mindset
Zoran M Pavlovic MD
CEO Heruka Lifescience & Health Innovations
Euro Global Congress on Pharma & Clinical Trials November 14th -15th, Rome, Italy
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https://www.linkedin.com/in/zoranmpavlovic
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• MD degree and Board certified in Psychiatry.
• 25 years of therapeutic expertise in psychiatry and neurology with a focus on Movement, Cerebrovascular disorders, Alzheimer’s and Frontotemporal dementia, Neuropathic pain, schizophrenia, major depression, bipolar disorder, anxiety, ADHD, substance use and impulse control disorders.
• 14 years in total of CNS clinical research experience as medical investigator, medical monitor, medical advisor and regulatory officer. More than 3 years of global CRO Medical monitoring Neuroscience expertise and more than 1 year of CNS/ Neurology and Psychiatry clinical assessments and psychometric data surveillance experience in conductance of multiple CNS/Neurology/Psychiatry phase III, II and I clinical trials.
• Extensive work experience with Regulatory Authorities including EMEA and FDA.
• National Advisor of European College of Neuropsychopharmacology (ECNP) and Member of Editorial Board of several CNS peer-reviewed journals.
• Experienced, goal-driven and strategically minded and enthusiastic professional with successful Line Management and Leadership experience.
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AGENDA
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• PRINCIPLES OF COLLABORATIVE NETWORKS
• CURRENT STATUS OF CRO-PHARMA COLLABORATION
• CASE-STUDIES OF INNOVATIVE TYPES OF CRO-PHARMA COLLABORATIONS
• OPPORTUNITIES AND CHALLENGES IN CRO-PHARMA RELATIONSHIP
• HOW TO CREATE A SUCCESSFUL CRO-PHARMA PARTNERSHIP MODEL
• FUTURE DIRECTIONS IN CRO-PHARMA RELATIONSHIPS
• HOW CAN WE HELP YOU
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Heruka Lifescience & Health Innovations 2018©
GENERAL PRINCIPLES OF ESTABLISHING EFFICIENT COLLABORATIVE NETWORKS
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“COLLABORATIVE MINDSET“ ELEMENTS
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• “We versus I”• Sharing – information and outcome• Trust and have faith• Communicate frequently and openly
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Source: WHO (2003)
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WHAT IS A COLLABORATIVE NETWORK
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Source: Shuman J (2010)
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KEY PRINCIPLES DRIVING COLLABORATIVE NETWORKS
18/11/2018 8Source: Shuman J (2010)
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Source: Shuman J. (2010)
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CURRENT STATUS OF CRO-PHARMA COLLABORATION
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5 TRENDS SHAPING CLINICAL TRIALS OUTSOURCING
SDL (2018)
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1) Expansion of technology enabled trials2) Patient-centric approach to research3) Globalization of clinical trials and focus
on emerging markets4) Strategic partnerships with CROs5) Innovation is a priority that is driving
change
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WHY STRATEGIC PARTNERSHIPS
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• Many trial sponsors are looking for strategic partners to handle the full gamut of clinical trial services from recruitment to reporting. Many also need specialist CROs with specific knowledge and experience in a particular therapeutic area. As sponsors look for development partners that bring breadth and depth of expertise to the trial, they are often considering how they might work with these partners more closely to increase efficiency and decrease costs.
• According to the Tufts Center for the Study of Drug Development, clinical trials conducted by CROs are completed on average 30 percent more quickly than those conducted in-house.
• This results in an average time savings of some four to five months, translating to $120 million to $150 million in increased revenue potential.
• CROs that offer greater value across the project will be well-positioned to attract and maintain longer-term partnership opportunities. Adjacent services that add value to sponsors current capabilities without requiring administration of additional contracts with multiple vendors will become strong differentiators.
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Source: Contract Pharma (2015)
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Source: Contract Pharma (2016)
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Source: Contract Pharma (2016)
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18Source: Contract Pharma (2015)
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Worldwide Clinical Trials’ Annual Survey Reveals 2018 Trends in CRO/Sponsor
Partnerships
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1)There is a growing urgency for CRO expertise in early phase clinical research, i.e., first-in-human through proof of concept.
2) There is stable growth in the overall demand for CROs.
3) Data quality tops the list of CRO evaluation criteria.4) Sponsors are looking for CROs that provide
innovative solutions. 5) Sponsors continue to push for clinical trial
efficiencies.
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CASE-STUDIES OF INNOVATIVE TYPES OF CRO-PHARMA COLLABORATIONS
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• 67% of respondents were or are still involved in some kind of CRO-Pharma partnership project.
• Majority of respondents favour Global Alliance as a partnership model.
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• 49% of respondents were not involved in some kind of CRO-Pharma unsatisfactory relationship.
• This means that there is lot of space for improvement especially when creating long-term strategical partnerships.
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STRATEGIC PARTNERSHIP KEY DRIVERS
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THE EVOLVING CRO MODEL:
A SHORTCUT TO STRATEGIC CRO-PHARMA ALLIANCES
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Source: Delancey-Street Partners (2016)
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Quintiles Case Study: Building a Multi-Function CRO Platform Through M&A
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October 2011: Quintiles acquires Outcome Sciences for $177 million - Market leader in registries, post-approval research and quality-improvement initiatives for biopharma, medical device and government - Strengthened Quintiles’ late-phase offerings
August 2012: Quintiles acquires Expression Analytics - Provider of genomic sequencing - Expands Quintiles’ personalized medicine capabilities
May 2013: Quintiles raises $947 million as part of Initial Public Offering
August 2013: Quintiles acquires Novella Clinical- Provider of preclinical to post-approval clinical trial management services - Additionally, provider of resourcing solutions including FSP and contracting staffing
May 2014: Quintiles acquires Encore Health Resources - Provider of IT consulting services to healthcare market as well as clinical, strategy and physician
advisory services
May 2015: Quintiles acquires Clio Science - Full service CRO in Japan
November 2016: Quintiles merges with IMS Health. Rationale for the merger includes: - Integration of IMS Health’s Real World Evidence (RWE) analytics, consulting, outsourcing and technology services to make Quintiles IMS an end-to-end service provider for pharmaceutical clients - Creation of the world’s largest portfolio of healthcare information, therapeutic & regulatory expertise, and proprietary technologies with presence in 100+ countries - Strengthening of client strategic partnerships through deep integration of data services
Source: Delancey-Street Partners (2016)
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Quintiles Case Study: Revenue Growth Through M&A
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Source: Delancey-Street Partners (2016)
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Source: CenterWatch (2013)
*FSP (Functional Service Provider)
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Source: Parexel (2011)
*FTE (Full Time Employee)
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SEVEN SOURCING BUSINESS MODELS
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Source: Vitasek K et al. (2016)
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KEY TRENDS IN CRO OUTSOURCING:THE RISE OF PARTNERING AND ALLIANCE RELATIONSHIPS
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Vitasek K et al. (2016)
Source: Vitasek K et al. (2016)
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Source: Getz K (2013)
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Source: Chakraborty BS (2013)
SATISFACTION GUARANTEED
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HOW TO CREATE A SUCCESSFULCRO-PHARMA PARTNERSHIP MODEL
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Kinapse (2016)
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SUCCESSFUL PARTNERSHIP MODEL: PARTNER SELECTION PROCESS
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SUCCESSFUL PARTNERSHIP MODEL:PREPARING THE CONTRACT
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SUCCESSFUL PARTNERSHIP MODEL: OPPORTUNITIES FOR CRO TO ADD VALUE
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WHAT’S NEXT:
FUTURE DIRECTIONS IN CRO-PHARMA PARTNERSHIPS
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Source: Parexel (2013)
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Source: Parexel (2013)
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Source: Getz K (2013)
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HOW CAN WE HELP We can help you to:
• Create a Partnering Culture based on Openness, Creativity, Agility and Resiliency• Increase your people’s Partnership skills• Enhance your Mindfulness Communication skills• Increase your comfort with change, your ability to trust, your comfort with interdependence, and your comfort with self‐disclosure and feedback
• Increase your win/win orientation, conflict management and problem‐solving skills
• Strengthen the leadership skills of your key people
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WHAT IS PC2 FIT® PROGRAM
• PARTNERSHIP SKILLS FIT
• COMMUNICATION SKILLS FIT
• CORPORATE CULTURE FIT
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STAGES OF PC2 FIT® PROGRAM
• Evaluation
• Training
• Monitoring
• Reporting
• Follow-Up
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DELIVERY FORMATS OF PC2 FIT® PROGRAM
• F2F ON & OFF-SITE WORKSHOPS
• COACHING RETREATS (2-5 DAYS)
• INDIVIDUAL BOOSTER ONLINE SESSIONS (VIA SKYPE)
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