New Biopharma, Life Sciences, and Pharmaceutical Cloud Service Promises Fast, Efficient Research Study Enrollment and Improved Management
Reltio, an award-winning provider of the only cloud-native master data management SaaS platform used by companies worldwide to succeed in the digital economy, announced the introduction of Reltio Enterprise 360 Site Intelligence, a new cloud service that enables Pharmaceutical Research & Development Teams and Contract Research Organizations (CRO) to centralize detailed data about study sites and Principal Investigators (PI).
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The path to commercialization for every FDA approved drug and cleared medical device in the United States began with a clinical trial. Recruitment of study sites and PIs are fundamental, but often vexing, first steps in starting a clinical trial.
Research published in Contemporary Clinical Trials (2018) reports that 86 percent of clinical trials do not reach recruitment targets within specified time periods. Another 19 percent of registered trials were closed or terminated early because they could not accrue enough participants. The authors note that, “Failures in meeting recruitment goals have important scientific, financial, ethical, and policy implications.”
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