A Frost & Sullivan White Paper

Faster Time to Market: Approaches to Biometrics for Emerging Biopharma Companies

Emerging Biopharma Companies (EBPs) are driving the growth of global clinical trials, creating a rising demand for advanced biometrics solutions to manage complex, data-intensive clinical development activities.

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Emerging Biopharma Companies (EBPs) are dominating the global clinical trial landscape, with clinical trial starts growing nearly 200% from 2011-2021. As EBPs often face resource constraints, they increasingly rely on CROs for clinical development, fueling significant growth in the CRO services market. The rise in trial complexity, use of real-world data, and stricter regulatory requirements are driving the need for advanced biometrics solutions to ensure high-quality, standardised data for successful regulatory submissions.

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EBPs play an increasingly important role in biopharma R&D:

EBPs now represent 95% of all companies with active pipelines and 72% of all drugs in the development pipeline.

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The volume and complexity of data from clinical trials are sharply increasing:

Data volume per trial has increased three-fold over recent years.

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EBPs have a range of options for managing biometrics:

Outsourcing biometrics to external CROs minimises the risk of data errors/issues and maximises efficiency.

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Key factors when choosing a CRO:

EBPs prefer to work with specialist biometrics services providers, hoping to build strong, long-term partnerships.

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ABOUT THE ANALYST

Mark Dougan

A highly experienced marketing and strategy consultant with 20 years experience in Europe, Asia and Australia. I have undertaken business management, business development, project management and project delivery roles for blue-chip consulting companies.

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