Article | September 28, 2021

Top Six Countries For Rescuing Your Clinical Study

Source: OCT Clinical

The global market for contract research organizations (CRO) was estimated at $38.4 billion in 2020, and is projected to reach $54.7 billion by 2027. However, despite the growing trend to outsource clinical trials, only a lot of studies failed to meet their original enrollment goals: 80% of studies ran more than one month behind schedule, which in turn affected study costs and subsequent sales with sponsors standing to lose between $660,000 and $8 million for each day of delays. Such incidents often force a sponsor to create a rescue plan for its trial.

When your study is in trouble, choosing the right country can help get it back on track.


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