Clinical trial feasibility study services help pharmaceutical and biotech companies determine the potential for success of the proposed drug and healthcare products by identifying the estimated costs and revenues, potential obstacles, competitors, and market information.
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By undertaking a feasibility study, clinical trial companies can minimise the issues associated with wrong assumptions and misinterpretations in research or trials. It also helps them to identify and understand region-specific/site-specific practices and capabilities that could impact the clinical trial performance metrics.
Factors such as increased complexity of modern trial designs, narrow genetic eligibility criteria, advanced technology, expensive treatments, and sophisticated analytical methods are fuelling the growth and need for feasibility study companies in clinical research.
Discover the top clinical trial feasibility services in clinical research
Clinical Trials Arena has listed some of the leading feasibility study companies in clinical research based on its intel, insights, and decades-long experience in the sector.
The list includes companies that provide various services including, but not limited to, study design and protocol review, building feasibility plans based on medical guidance, initial deployment, site follow-up, and closure of survey.
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The list also includes providers of internal and external examination of databases, support services in incidence and prevalence data, competitive landscape analysis, questionnaire development testing, compilation of targeted investigators, and feasibility analysis, such as compilation of results, interpretation of data, and generation of reports.
The information contained in the download document is intended for investigators, researchers, study coordinators, regulatory coordinators, site principal investigators, associate investigators, biostatisticians, data managers, data analysts, data associates, study physicians, research pharmacists, and other individuals involved in feasibility studies in clinical research.
The document contains detailed information on the suppliers and their services offerings, alongside contact details to aid your hiring decision.
Benefits of clinical trial feasibility consulting services in clinical research
The multifaceted approach of feasibility study consulting services benefits pharma and biotech companies in several ways, such as finding whether the disease study is relevant to the patient population, checking whether the current form of study design, comparators, and patients’ visits are acceptable, assessing the anticipated ethical and regulatory challenges, working on timelines for study approval and start-up, and analysing the overall dedication of potential associates, such as contract research organisations (CROs) and sites towards completion of the project.
For full details (including contact details) on the leading companies within this space, download the free Buyer’s Guide below:
Frequently asked questions
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What is a clinical trial feasibility study?
A clinical trial feasibility study assesses the potential success of a proposed trial by evaluating factors such as costs, revenue potential, site capabilities, and competitor landscape. It helps sponsors minimise risks by understanding region-specific practices and determining the best strategies for conducting the trial.
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Why are feasibility studies important in clinical trials?
Feasibility studies are crucial as they help identify potential obstacles, ensure accurate assumptions, and guide the selection of trial sites. This maximises efficiency and improves the chances of trial success.
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What factors are evaluated in a feasibility study?
Key factors include patient population availability, trial design, regulatory and ethical considerations, and the capabilities of potential clinical sites. These factors ensure the trial's relevance and feasibility within a specific region or population.
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How does a feasibility study reduce trial delays?
By identifying potential risks early, such as logistical challenges, regulatory hurdles, or insufficient patient recruitment, a feasibility study helps sponsors mitigate delays. This allows for better planning, realistic timelines, and reduced costs.
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What services are provided by clinical trial feasibility study companies?
These companies offer services such as site assessment, patient recruitment forecasting, regulatory analysis, competitive landscape evaluation, and data interpretation. They provide insights that guide protocol design and site selection for efficient trial execution.
