mary syto oct socal 11oct2015 final

21
Mary Syto, Sr. Global Project Manager, Receptos IS IT TIME TO CHANGE YOUR CRO?

Upload: mary-syto

Post on 16-Jan-2017

152 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: Mary Syto OCT SoCal 11Oct2015 FINAL

Mary Syto, Sr. Global Project Manager, Receptos

IS IT TIME TO CHANGE YOUR CRO?

Page 2: Mary Syto OCT SoCal 11Oct2015 FINAL

Disclaimer

The views and opinions expressed in the following PowerPoint slides are those of the individual presenter and should not be attributed to Receptos, Celgene, Tragara Pharmaceuticals, its directors, officers, employees, partners, investors, or any organization with which the presenter is employed or affiliated.

Page 3: Mary Syto OCT SoCal 11Oct2015 FINAL

18+ years of pharmaceutical development Key experience

- Global CRO for 8+ years

- Strategic clinical development in virtual and emerging pharmaceutical companies

- All phases and across a broad range of therapeutic areas

Mary Syto

Page 4: Mary Syto OCT SoCal 11Oct2015 FINAL

Who are you?

Page 5: Mary Syto OCT SoCal 11Oct2015 FINAL

Is it Time to Change your CRO?

Red flags to look for that show your CRO is putting your trial at risk

What are the risks associated with changing CROs? Tips for selecting the rescue CRO and transitioning

effectively to a new CRO

Page 6: Mary Syto OCT SoCal 11Oct2015 FINAL

Your Dream Team

Skilled expertise Increased productivity

and efficiency Access to world-class

connections and solutions

Common culture and commitment to quality

Page 7: Mary Syto OCT SoCal 11Oct2015 FINAL

Something is wrong…

Page 8: Mary Syto OCT SoCal 11Oct2015 FINAL

Watch for Red Flags!

Bait and switch Staff turnover Slow start-up and site

initiation Slow patient recruitment Enrollment of pts that do not

fit protocol criteria Delayed timelines and missed

deliverables

Page 9: Mary Syto OCT SoCal 11Oct2015 FINAL

More Red Flags! ARGH!

Delays in data collection and cleaning

Questions from sites sent directly to sponsor (not CRO)

Delays in regular status reports Delays in development of study

start-up plans Unresponsive team Lack of coordination with team

and vendors Recent CRO acquisition or merger

Page 10: Mary Syto OCT SoCal 11Oct2015 FINAL

red herring

NOUN1. a dried smoked herring, which is turned red by the smoke.2. something, especially a clue, that is or is intended to be misleading or distracting.

Identify red flags but distinguish them from red herrings

Page 11: Mary Syto OCT SoCal 11Oct2015 FINAL

Common project risks

Staff turnover

Delays with Pt Recruitment

Delays in Study Start-up

Unclear expectations

Over budget

Issues with Vendors

Poor communication

Staff turnover

Page 12: Mary Syto OCT SoCal 11Oct2015 FINAL

Is it Time to Change your CRO?

You recognize that your trial is off course. Did you (or someone else) make a mistake in the

CRO selection process in the first place? Should you change your CRO mid-study? Is change your only option? How much more work will this be? Will the next CRO be any better?

Page 13: Mary Syto OCT SoCal 11Oct2015 FINAL

Other solutions

Take work in-house

Consultants

CRO hybrid

approach

Page 14: Mary Syto OCT SoCal 11Oct2015 FINAL

Is the grass greener with a new CRO?

Page 15: Mary Syto OCT SoCal 11Oct2015 FINAL

Selecting a Rescue CRO

CRO to address all your needs (and save your study!)

Better performance, quality, speed, efficiency

Reset button

Advantages

Page 16: Mary Syto OCT SoCal 11Oct2015 FINAL

Selecting a Rescue CRO

Increased $$$ White space, lost time Need buy-in from Sr.

management? Blame for 1st CRO

selection More work for you Not might fix the issues

Risks

Page 17: Mary Syto OCT SoCal 11Oct2015 FINAL

It’s complicated.

Regulatory submissions may be in process Any contractual obligations? Penalties? Vendor contracts may be held by incumbent CRO Costs too much $ to move database or platforms?

Incumbent CRO may need to be retained for data management and biostats

Do you move all services or some?

Page 18: Mary Syto OCT SoCal 11Oct2015 FINAL

Tips for Selecting a Rescue CRO

Be honest and frank Share details about current

challenges Focus on expertise that is

lacking in the incumbent CRO

Be realistic

Details on past “rescue” experience

Transition strategy and hand-over process

Expedited projections and timelines

Their recommendation and back-up strategy

Things to Remember Info to Request

Page 19: Mary Syto OCT SoCal 11Oct2015 FINAL

Transition effectively to a new CRO

Inform incumbent CRO Be honest and transparent

with plans Don’t burn your bridges Set timeline for the transfer

of obligations Schedule kick-off/hand-off

meeting and regular meetings (as needed)

Create checklists for the transfer of documents

Negotiate $ and timeline carefully so incumbent CRO can complete tasks

Minimize and manage process change for the sites

Inform vendors

Page 20: Mary Syto OCT SoCal 11Oct2015 FINAL

Key Takeaways

Identify red flags but distinguish them from “red herrings”

Work hard to salvage the partnership with your current CRO

Critically evaluate if change is your only option

Examine all the advantages andrisks with the “rescue” CRO

Transition effectively by having a strategy and plan

Page 21: Mary Syto OCT SoCal 11Oct2015 FINAL

Mary Syto

Sr. Global Project Manager, ReceptosEmail: [email protected]

Questions?