By Henry Galio, Sr. Director, Vault CTMS, Veeva Systems, Inc.
With 72% of studies running more than one month behind schedule and 37% failing to meet enrollment targets, legacy CTMS systems are failing to meet their primary goal – to optimize clinical trial performance.
In a recent industry-wide survey, clinical operations leaders confirmed that legacy CTMS applications limit operational efficiency. They often can’t support a range of key functions, including study performance, metrics and reporting, monitoring, and issue and task management.
To speed trial execution, improve decision making, and streamline clinical operations, many life sciences companies are moving toward modern, cloud-based CTMS applications.