Report Reveals Drug Development Innovations Positively Impact Trial Timelines

Adaptive, patient-centric, precision medicine, and real-world data trials increase likelihood of market launch by 10-21%

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By: Kristin Brooks

Managing Editor, Contract Pharma

A new report commissioned by PAREXEL and released by the Economist Intelligence Unit (EIU) revealed that new innovations in drug development have a positive impact on clinical trial timelines, likelihood of market launch, and inclusion on selected payer formularies. The research program evaluated adaptive, patient-centric, precision and real-world data trials and found that the innovations had a consistently positive impact on these critical success factors for the industry, yet demonstrated low...

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