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02 June 2015
Dr. Magalie Emile-Backer / The TRIbune
The field of Drug Safety has evolved into a dynamic specialty area with growing potential and new outsourcing opportunities for Clinical Research Organizations (CROs). After decades of public health issues relating to the safety of medicines, the biopharmaceutical industry has undergone volatile changes due to increasing regulatory oversight around product surveillance of marketed products. The increased surveillance and relatively stringent regulatory climate has been further complicated by the effects of the 2008 financial crisis, which dramatically changed the landscape of the global biopharmaceutical industry. There has also been a lag in Research & Development (R&D) productivity due to the increasing difficulty to discover new drugs and years of focusing on late-stage development. Today, companies are faced with the need to increase productivity in early stage research in an effort to speed up drug discovery or in-licensing candidates while also increasing the development of late-stage drug candidates in response to the ever-present pressures of patent expirations. Of note, companies additionally wrestle with the task of balancing compliance with meeting stringent regulatory requirements, particularly when trying to speed up the R&D processwithout exceeding their operational budgets.
Despite these challenges, the sector is recovering with modest growth in forecasted biopharmaceutical R&D expenditures, which means future growth in outsourcing. Outsourcing services is expected to increase from the current rate of 24-28% to as much as 35% by 2018, and more than 60% in the longer term. In accordance, the CRO market is projected to expand from an estimated $23-25B to over $30B by 2018(Hemavli Bali, Heath Results 2013). Pharma companies outsource for many reasons, especially to access new capabilities and expertise not readily available in-house. Other reasons to outsource include global reach, increased quality and efficiency, and reduction of internal resource utilization. According to Bank of America Merrill Lynch, the current market size for late-stage services is about three times that of early-stage and outsourcing can reduce development costs by as much as 20-30%. Altogether, increases in outsourcing R&D services to CROs and other sub-specialty safety firms have created a plethora of opportunities for the CRO industry.
Innovative surveillance tools and technologies have transformed the field of Drug Safety into a more proactive, dynamic analytical process. As the field continues to grow, drug safety leaders, regulatory authorities and healthcare providers rely on active surveillance systems to expand knowledge of the medical products we use and regulate. For example, the U.S. Food and Drug Administration (FDA) has mandatory surveillance systems ( AERs, VAERs, MAUDE and MedWatch) dedicated to furthering the science of medical product safety. Recently, new pilot programs (such as the FDA Sentinel Project) use federally-held data sources to monitor public health and safety of medicines. Today, Pharmacovigilance activities are also being employed much earlier by industry with risk/benefit analysis occuring throughout a product’s development. Safety research professionals have increasing expertise in Drug Safety compared to 20 years ago. This may be due to the growth of sub-specialties of surveillance and risk evaluation of medicines including:
These specialty areas have grown into a global industry with new and innovative systems and technologies to enhance the safety of medicines around the world. On July 9, 2012, The Food and Drug Administration Safety and Innovation Act (FDASIA) was signed into law, which expanded the FDA’s authority and ability to safeguard and advance public health in four key ways: (1) collecting user fees from industry to fund reviews of innovator drugs, medical devices, generic drugs and biosimilar biological products; (2) promoting innovation to speed patient access to safe and effective products; (3)increasing stakeholder involvement in FDA processes; and (4) enhancing the safety of the drug supply chain (U.S. Food and Drug Administration website).
Today, opportunities extend beyond basic Pharmacovigilance operation activities such as case processing and medical coding. Since earlier safety planning has become best practice and is more proactive, company discussions often include development of required pharmacovigilance and risk management plans, innovative safety systems activities in data migration and data mining (i.e. database express set-up and recoding) and a growing interest in better understanding signal detection strategies. Increased safety measures have been taken by regulators and industry researchers to ensure that the benefits outweigh the risks in marketed products, which in turn has lead to the development of new areas associated with the REM-related risk management activities, including the development of regulated medical communications and health literacy of consumer products (i.e., Medication Guides, Package Inserts), qualitative and quantitative analysis and knowledge attitude and behavior surveys (KABs) for healthcare providers and patients. Globally, monitoring of safety, particularly in emerging low-cost markets and developing countries, has also emerged as an important issue due to pharma expansion in these regions after the financial crisis. Many pharmaceutical companies have moved their operations to these low-cost regions to minimize costly R&D and manufacturing expenses, making global safety even more of a priority due to the increasing use of medicines and growth of clinical trials overseas.
All in all, the growth of Drug Safety presents new opportunities and challenges for the CRO industry. Many companies, particularly smaller firms, now rely on outsourcing and seek operational support in the management, analysis and interpretation of volumes of safety data for their product portfolios. As a result, CROs must become more competitive by preparing in-house staff and key services to meet the resource needs of a rapidly growing Drug Safety industry. What are the skills needed to be successful in Drug Safety? Building a strong safety team to support industry with early safety preparation, regulatory strategy and PVG planning can make or break the analysis of a product making it to market. As trends in outsourcing continue to rise, many companies, particularly smaller companies, will demonstrate a growing need to partner with CROs that are seasoned and can provide broad areas of safety support. To meet these needs, CROs will have to build capacities to ensure that they have a robust safety team of qualified safety experts and personnel. Key characteristics of a strong safety team include:
In conclusion, the days of simply gathering safety data are no longer due to risk analysis regulations and more stringent requirements in protecting human subject research. Today, it’s more critical to establish a risk/benefit profile, making PVG and risk management plans mandatory for the identification of signals and other safety concerns. Health authorities require more robust safety data analysis, particularly when reviewing case information, PVG plans, and aggregate report submissions. This growing focus on product safety forces industry leaders in CROs and pharma companies to better understand when and how early to perform proper analysis of adverse events. Nearly half of the global drug discovery research will be performed by third parties by 2018 (Jim Zhang 2014). This paradigm shift and the strong desire of pharma companies to increase efficiency and improve R&D productivity has positive implications on the drug development outsourcing market. With the exception of key in-house safety operations, many pharma companies, particularly small and biotech firms, are likely to continue to outsource a large portion of safety work for both developmental and approved products. As new opportunities arise across different sectors of the CRO market, pharma is looking to the CRO industry to fill these gaps in R&D.
TRI is committed to meeting the global needs of industry over the next phase of innovative drug discovery andhas more than 35 years of experience providing support to the drug, biologic and medical devices community. TRI’s safety team is composed of experts such as MDs, PhDs, PharmDs, Masters, and RNs who have up to 25 years of drug safety experience.
About the Author
Dr. Magalie Emile-Backer is a drug development scientist with over 10 years of experience in the biotech/pharmaceutical industry with expertise in clinical research, drug safety, pharmacovigilance, and risk management of small and large molecules development. She also has 4 years experience in the non-profit and public sector as a biomedical researcher for government scientific research and global health initiatives. Magalie holds a doctorate in pharmaceutics and post-doctoral industry training in Pharmaceutical Development.
References
The RMI group has completed sertain projects
The RMI Group has exited from the capital of portfolio companies:
Marinus Pharmaceuticals, Inc.,
Syndax Pharmaceuticals, Inc.,
Atea Pharmaceuticals, Inc.