Life Science Leader Magazine Supplements

CRO Leadership Awards 2013

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Executive Roundtable: Make Your CRO A True Extension Of Your Internal Team By Rob Wright In May 2011, Pfizer announced it would reduce its clinical research functional service providers from 17 to 2. Initially, this 88% reduction seemed to contradict the trend of pharma and biopharma to increasingly outsource clinical research. That year, the global healthcare contract research outsourcing market was valued at $25.1 billion. By 2018, the market is forecast to reach $65 billion. How can the clinical research market be growing, when companies like Pfizer are employing fewer organizations? Simple. The move on the part of Pfizer is representative of the growing trend of strategic partnering ��� putting more of your research eggs into fewer CRO research baskets. ROUNDTABLE PARTICIPANTS Dr. Kenneth Burhop, chief scientific officer, Sangart Carolyn Green, president and director, Atreaon Jim Hauske, president and founder, Sensor Pharmaceuticals John Hubbard, senior VP and worldwide head of development operations, Pfizer Mitch Katz, executive director of medical research operations, Purdue Pharma Mary Rose Keller, VP of clinical operations, Sangart Thomas Wessel, M.D., Ph.D, consultant and former CMO, Acorda Therapeutics, Inc. Leslie Williams, president, CEO, and founder, ImmusanT The CRO Leadership Awards 2013 7

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