While the coronavirus still runs rampant throughout the country, stay-at-home mandates continue to prevent employees from being fully functional, and this is particularly true with the clinical research industry. In fact, more than 70 biotech companies and over 100 clinical trials have been affected, according to BioPharmaDive. The FDA states that “quarantines, site closures, travel
All industries have been significantly impacted by the COVID-19 pandemic and on-going clinical trials are far from immune. WCG Knowledge Base reported only 14% of the 1000+ clinical trials their team is tracking are currently running, an 8% decrease from the week of April 13th. Companies looking to continue their studies will need to find
The number of staff members working remotely has been increasing even before the COVID-19 crisis. U.S census data showed 5.2% of workers (8 million people) worked completely from home in 2017 and that number has consistently continued to rise. Now that all non-essential employees are working from home and are away from their teams, many
While some aspects of life as we know it seems to be on hold during the COVID-19 crisis, the biotech and pharmaceutical industries are rapidly moving forward with their current studies. There is a high demand for quality candidates to fill important roles, but adhering to safety guidelines creates new challenges with the already complicated
The widespread COVID-19 (coronavirus) outbreak has left no citizen, country or industry unaffected. The US economy has faced unprecedented shocks due to the shutdown and quarantine procedure that is necessary to reduce the rapidly growing spread of COVID-19. While many industries are at a standstill, the Pharmaceutical and Biotech industry is undergoing a period of
It is increasingly becoming more standard practice for Biotech and Pharmaceutical companies to outsource trial projects and tasks to CROs and vendors in the interest of cost and time efficiency. These partnerships can be highly effective for the sponsor company but managing the relationship is crucial to its’ success. Below we outline some ways to
While female leadership has remained low in the Pharmaceutical and Biotech arena, now is a powerful time to be a woman in the industry. The global nonprofit organization, Catalyst found that Fortune 500 companies that had the best gender representation on their boards generated a higher return on sales and equity than those companies that
Drug Pricing Reform With the increase pressure on the price and accessibility of drugs along with the impending 2020 election, Congress is likely to pass a pricing reform for pharmaceuticals. This could affect the future development of drugs and specialty therapies, while accelerating the release of generics and biosimilars. This ultimately could decrease the accessibility
The end of an interview can hold just as much importance as the beginning of one. The way that a candidate ends their interview leaves one final impression on the interviewer’s mind as they begin their deliberation of selecting the right candidate for the position. Here are our tips to end and close your next
Quality in the Pharmaceutical industry is defined as products that are safe for intended use, are effective and meet patient expectations. In order to consistently deliver products that meet quality standards, Good Manufacturing Practices (GMP) must be in place spanning all parts of the process including materials, equipment, facilities, research as well as ensuring your
