Unique Sourcing Solutions to Optimize Time and Budget in Clinical Trials

Life Sciences, Clinical Trials, Pharma Manufacturing & Supply Chain,
  • Friday, January 19, 2024

The challenge of running successful global trials is highly demanding and has become increasingly costly. Sourcing commercially available medications for these trials can be both complex and resource-intensive. Therefore, it is essential to set up and implement the best comparator sourcing strategy right from the start.

The balancing act of clinical supply management can be very daunting; how do sponsors ensure that there is enough drug to meet patient demand while minimizing costs? How do sponsors ensure timelines are never missed while preparing for the unanticipated?

This webinar will introduce innovative sourcing strategies for commercially available medications while assessing the pros and cons of the different options. The speaker will provide insight into key considerations when choosing the appropriate sourcing option(s) and discuss the value of migrating from a transactional approach to strategic sourcing.

The featured speaker will address sponsors’ common concerns when establishing a global clinical trial supply strategy, and provide solutions to challenges that sponsors have faced related to clinical supplies, including:

  • The cost of wasted material
  • Medication shortages
  • Escalating prices of comparators
  • Increasing complexity of clinical trial designs
  • Managing short expiry dates
  • Patient recruitment

Join this webinar to find out more about overcoming these challenges and learn how making the right strategic sourcing choice(s) can have a positive impact on clinical trials as well as the budget.

Speaker

Michelle Novak, Inceptua

Michelle Novak, Director Business Development, North America, Clinical Trial Services, Inceptua

Michelle Novak has spent over 25 years in healthcare working at both large and small medical device and pharmaceutical companies. Her background includes a myriad of different roles that are comprised of both sales as well as training positions. For the last six years, her focus has been on the vendor side assisting sponsors and CROs with their clinical supply needs. Michelle serves as Brand Ambassador for the Global Clinical Supplies Group on the Marketing and Membership committee. In addition, Michelle provides keynote presentations at numerous industry events annually.

Michelle’s extensive knowledge of clinical trials and experience with different sourcing models will provide unique insights into the strategies that should be deployed for optimized global comparator sourcing.

Message Presenter

Who Should Attend?

This webinar will benefit those responsible for procurement and supply chain management in clinical trials, with relevant job titles including:

  • Clinical Supply Manager/Director
  • Project Manager
  • Clinical Trials Manager/Coordinator
  • Clinical Operations
  • Clinical Trial Procurement

What You Will Learn

Attendees will gain insights into:

  • Innovative sourcing strategies for commercially available medications
  • Pros and cons of different options
  • Key considerations when choosing the appropriate sourcing option(s) for specific clinical trial needs
  • How to work strategically vs. transactionally to provide guaranteed supply while lowering spend

Xtalks Partner

Inceptua

Inceptua is a specialized pharmaceutical company and a premium global service partner. We bring medicines to patients through clinical trial distribution services, pre-approval and unlicensed medicines access, and commercialization of specialty and rare disease products.

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