During the BIO CEO and Investor Conference, the future of clinical trials came up in several conversations—here are five themes.
1. ‘It’s not an if but how to prioritize CROs.’
Even in a volatile economy, biopharmaceutical companies must continue R&D—especially small and pre-clinical companies. CROs, or contract research organizations, can help.
In 2023, “it’s not an if but how to prioritize CROs,” said Arda Ural, Ph.D., Americas Industry Market Leader for Life Sciences and Healthcare at Ernst & Young.
2. Trials can be decentralized, but patients should remain at the center.
COVID-19 accelerated the decentralization of clinical trials because we had to “move and sustain trials with urgency,” said Craig Lipset, Founder of Clinical Innovations Partners and Co-Chair of the Decentralized Trials and Research Alliance (DTRA).
But while decentralization may stick around, you still must engage with patients and “have your patient at the center,” said Michelle Keefe, CEO of Syneos Health.
3. AI can improve trials when used correctly.
Everyone’s talking about the roles AI and automation will play in clinical trial design and implementation. This technology can help on the front end, such as determining feasibility, finding the right patients, and onboarding sites.
“You don’t need humans to onboard a site,” said Simon Burns, CEO & Co-Founder of Vial. What’s problematic, he said, is when you have “unstructured” processes like emails, regulatory document capture, and budgeting, which can make it difficult to digitize and automate.
“If you structure, you can digitize and get better data,” he said.
The key is to “marry AI and machine learning with human expertise,” said Keefe.
4. Relationships with regulators matter.
This is especially true in the initial trial design, said Evan Loh, CEO of Paratek Pharmaceuticals, which is developing solutions for antimicrobial resistance.
“Don’t just listen to your board and make your trial sample size smaller,” he said. “You have to have a discussion with your regulators.” Otherwise, you might compromise the trial.
5. Clinical trial diversity matters.
The omnibus passed last year mandates diversity in clinical trials, and companies “have to have plans in place to show how we will enroll a diverse population,” said Lipset. However, we also need to consider “what will drive sustained commitment to representation in clinical trials.
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