The clinical trials industry manages large volumes of patient data to be used for regulatory purposes. Clinical research organizations face mounting challenges with conventional clinical trial processes due to rising costs and complex regulations. In addition, the difficulty in recruiting subjects for trials adds to the challenges.
This paper discusses how digitization can help transform the clinical research industry. It highlights how digitization drives faster time to market as a result of automation, real-time flow of information, de-risking of processes, and enhanced coordination between stakeholders.