Sydney, Australia - Novotech, the leading Asia Pacific centred biotech CRO conducted a survey of global biotech professionals, in partnership with Citeline, on their current and future clinical pipeline prospects, the main challenges of clinical trials, and perspective shifts regarding study locations.
A key finding from the report is that cost is the number one concern for 32% of respondents, followed by patient recruitment at 29%.
The report shares insights into the trends and pain points in biotech clinical trials, as companies seek to secure funding for continued and future development.
Key areas covered include:
- Modalities: current pipeline vs. future investment
- Top clinical trial operational challenges
- The role of APAC: China and Australia offer key advantages
- Clinical trial and CRO strategy success factors
The report also covers trends and industry professionals’ perceptions across therapeutic areas.
For example according to the report: “When asked about the most promising therapy type for future investment and development, CGTs took the top spot (26%), followed by mRNA (22%) and antibody therapeutics (19%).”
Novotech offers biotechs a unique and unparalleled suite of early to late-phase CRO services across the US and Europe, with a focus on Asia Pacific where the company has built a reputation for delivering high-quality expedited clinical trials.
Novotech has been benchmarked as a top 10 CRO among the world’s leading CROs, is the recipient of the Asia Pacific Cell & Gene Therapy Clinical Trials Excellence award and the Asia-Pacific Contract Research Organization Company of the Year Award, and has signed 45 Leading Site Partnership agreements over the last 3 years.
Media contact
Toyna Chin
About Novotech Novotech-CRO.com
Novotech is a globally recognized full-service clinical research organization (CRO) and scientific advisory company that provides biotech and small- to mid-sized pharma companies an accelerated path to market since 1997. With a global footprint spanning 30+ offices across the Asia-Pacific region, North America, and Europe, and partnerships with 5,000+ trial sites, Novotech offers unparalleled access to key clinical trial destinations and diverse patient populations.
Novotech leverages its therapeutic and regulatory expertise, client-centric service model, local market insights, and advanced analytical tools to expedite patient recruitment, enhance trial efficiencies, and bring life-changing therapies to market faster. This work has been recognized by awards such as the Frost & Sullivan CRO Company of the Year, which Novotech has received for 19 consecutive years.
For more information or to speak to an expert team member visit: https://novotech-cro.com/talk-to-an-expert