Article | October 11, 2022

The Difference Full Service RTSM Can Make for Study Managers

Source: Medrio

By Marc Weinberg, MBA, Director of RTSM

Logistics Supply Chain GettyImages-1206802146

The cost of clinical trials continues to rise as studies grow in complexity. In fact, a recent clinical trial for a rare hereditary metabolic disorder that enrolled only 4 patients reportedly cost a total of $2.1 million [1]. The rising complexity (and corresponding costs) of randomized trials stems from a variety of factors that complicate supply management, including:

  • Complex protocols
  • Shorter timelines for patient enrollment
  • Country-specific regulations
  • Lack of historical data to create accurate forecasts
  • Logistical challenges in transporting and distributing trial drugs and IP
  • Cross-system alignment

In this article, we’ll explore how a full-service Randomization and Trial Supply Management (RTSM) solution, the next evolution of technologies like Interactive Response System (IRT),  can maximize efficiencies for study managers and their teams.

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