There are plenty of instances where institutional capital goes into a sector, only to fizzle out. Why are we confident that the site network trend is real, and not hype? We’ve identified 4 main levers of revenue and profit growth for network consolidation. In order, from the “quick hit” to the heaviest lift: Business Development...
Running a Site
Valuation of site for purchase by site networks As site networks compete with each other to purchase clinical research sites, certain valuation standards have emerged. For sites that achieve a scale threshold, an exit is possible at a multiple of the site’s EBITDA. EBITDA stands for earnings before taxes, interest, depreciation and amortization, and it’s...
Running a Study
Overview With 9 locations in Texas, California and Louisiana, Benchmark Research is the world’s leading vaccine network. Benchmark has performed over 10,000 studies on over 40,000 subjects and has received numerous awards, including being a five-time recipient of the Best Clinical Trial Site/Network award from the World Vaccine Congress. Challenge Historically, Benchmark used paper charts...
Running a Site
Reflections on the Summit The 2021 Global Site Solutions Summit, hosted by the Society for Clinical Research Sites, was an amazing event. The first in-person event that our company has attended in 18 months, the Summit provided an opportunity for CRIO to meet new people and reconnect with clients and friends alike. Post-Pandemic Trends, Here...
Running a Site
Clinical research is seeing widespread disruption as sponsors continue to pause their studies in light of the COVID-19 crisis. One industry expert, however, has observed a level of resilience in the responses from sponsors and research sites and predicts research will pick up quickly after the crisis is over. Rachel Truxall, corporate director of business development at...
Running a Site
Webinar Date: February 17, 2020 Webinar Guests: Mark Ragusa, former Director of Research at Raleigh Neurology Associates Don’t do clinical trial business development haphazardly. Mark Ragusa, former Director of Research at Raleigh Neurology, shares his framework for systematically targeting and nurturing your sponsor and CRO relationships to create a rich, site-appropriate study pipeline. Raleigh Neurology...
Webinar Date: December 6, 2019 Webinar Guest: Sean Rice Track your clinical trial performance metrics to take control of your pipeline. Investing in the long haul means having robust business development capabilities now. That starts with data. Join Sean Rice, CEO of Medical Research Alliance and Co-Founder of Devana Solutions as he discusses the 5...
