goBalto announced that Worldwide Clinical Trials (Worldwide) has chosen goBalto's end-to-end platform for starting clinical trials.
Worldwide is a global, full-service Contract Research Organization (CRO) offering Bioanalytical Lab, and Phase I-IIA, Phase IIB-III, Phase IIIB-IV and Real-World Evidence clinical trial services. As part of the company's quest to improve value in pharmaceutical sponsor-CRO partnerships, Worldwide has invested in delivering an uncommon combination of emerging- to mid-size-sponsor focus, therapeutic-area expertise in central nervous system, cardiovascular, metabolic, immune mediated inflammatory disorders, oncology and rare disease research and innovation to improve trial efficiency and effectiveness.
The company's investment in the goBalto platform targets study startup, one of the most inefficient cycles currently facing clinical development operations. For many, the total end-to-end process from site identification through to site initiation has not changed in 10 years, taking nearly 7 months (31 weeks) on average, according to an industry survey report. Time savings in study startup have been reported by 80% of survey respondents who have invested in start-up technologies, like the goBalto platform, according to the START (Start-up Time and Readiness Tracking) II report.
"Worldwide is investing in a combination of therapeutic area expertise, rigorous operations and proactive insight to revolutionize sponsor-CRO collaboration and increase the value we bring to small, emerging, and mid-size pharmaceutical and biotech companies," said Peter Benton, President and Chief Operating Officer, Worldwide. "goBalto's end-to-end study startup solution stood out for the opportunity it provides us to eliminate traditional bottlenecks in the flow of clinical data, which can impact study quality and lead to unnecessary delays."