King of Prussia, PA; April 17th 2012– Worldwide Clinical Trials Inc., a leading global provider of clinical research services, today acknowledged receipt of strong ratings and recommendations from one of the industry’s leading independent market research firms, Industry Standard Research (ISR). In ISR’s recently published, ‘2012 CRO Quality Benchmarking Report’, CROs (Clinical Research Organisations) were quantitatively assessed for delivery strengths and weaknesses. Sponsors' selection drivers, outsourcing volume, and provider preferences were also measured.
The comprehensive report provides performance scorecards on 25 CROs, based on the interviews of 125 industry professionals, spanning 72 pharmaceutical and biotechnology companies. CROs were assessed across 21 service characteristics determined to be influential in provider selection, loyalty and operational performance. Key highlights of Worldwide Clinical Trials(WCT) performance include:
- WCT reported “Better Than Most” or “Clear Leadership” ratings in attributes significant to driving operational excellence; project manager quality, team chemistry, timely communication, delivery of clean data and meeting first patient in timeline.
- WCT was ranked in the top two positions for "Service Provider Loyalty," "Overall Satisfaction with Service Providers," "Willingness to Recommend Service Providers" and "Likelihood to Use Service Providers Again."
- WCT was one of only two CROs demonstrating no weakness across the 21 attributes analyzed.
- WCT was recommended to be shortlisted for Companies that require Operational Independence, Low Cost/Value and Global Footprint as mandates in their CRO selection criteria.
Angelico Carta, M.D., President, Worldwide Clinical Trials’, provided thoughtful comment on the report and how its findings support the company’s business philosophy: “We are very proud of WCT’s performance in this major market research study. We pride ourselves on our operational intelligence and clearly, as the report underscores, our clients are recognizing WCT for the very attributes needed to develop and run clinical trials successfully.” He continued, “The data around Service Provider Loyalty is remarkable. WCT has long been known for being loyal to our clients and it is fulfilling to learn that our clients are equally loyal and supportive of WCT. Knowing that a client will continue to use WCT, is satisfied and would recommend us, speaks to what we value most; and what we value most is client satisfaction.”
About WCT
Worldwide Clinical Trials is a global, full-service contract research organization (CRO) that is medically and scientifically focused on central nervous system, cardiovascular, chronic inflammatory, respiratory and oncology disorders. Worldwide Clinical Trials delivers quality clinical trials with leading edge science and medicine to help clients think through design, methodology and regulatory issues that are unique to every development program. Worldwide Clinical Trials provides highly focused CRO services in all phases of research. For more information please visit the WCT website at www.wwctrials.com
About ISR
Industry Standard Research is the premier, full-service market research provider to the pharma and pharma services industries. With more than a decade of experience in the industry, ISR delivers an unmatched level of domain expertise. For more information, visit the ISR website at www.ISRreports.com or email [email protected]. The company also may be found on Twitter @ISRreports.
MEDIA CONTACT:
Lisa Bance
+1 610 964 2000
[email protected]
www.wwctrials.com