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Market Research Report

Strategic Analysis of Biomarkers in Clinical Trials

Published by Frost & Sullivan Contact us : +1-860-674-8796
Published 2004/10 Content info  
Product code FS25762
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Description TOC

Abstract

Biomarkers to Play a Key Role in Tackling Failure Rates in Clinical Trials

Biomarkers are emerging as an essential tool to boost efficiency in the field of drug discovery. Around 90 per cent of new compounds fail during the clinical trials, predominantly related to absorption, distribution, metabolism, excretion (ADME) and toxicology issues. Biomarkers increase productivity by identifying potential drug failures at an early stage thereby saving costs and time in the long term. Better patient stratification integration with drug development and pre-clinical testing processes and the advent of biomarker pattern profiling rather than reliance on a single target are set to improve results in the future.

This strategic analysis service from Frost & Sullivan evaluates the key drivers and challenges facing the uptake of biomarkers in clinical trials. It also examines important market and research trends to give an idea of future opportunities and developments. Strategic proposals are identified which overcome the major barriers to increased industry productivity.

High Costs and Duration of Clinical Trials Drives Biomarker Research

There is growing concern in the field of drug discovery regarding cost and duration of clinical trials that are reaching magnified proportions. A new drug is estimated to cost anywhere between $800 million and $1,700 million and is expected to take anywhere between 7 and 12 years to be approved and launched. Biomarkers have the potential to be used in clinical trials as validated surrogate endpoints to indicate drug efficacy or toxicity, or to make a go-no-go decision. "Although biomarkers initially increase the cost of clinical development, as a larger biomarker portfolio is developed and other drug discovery technologies are integrated, the cost and duration of clinical development are expected to drop," explains the analyst.

Growth in Biomarkers Market Governed by Regulatory Affairs

Despite being aware of the benefits of biomarkers in clinical trials, regulatory authorities are unwilling to compromise drug safety and efficacy and are therefore cautious in implementing new regulations. "However, the anticipated shift in the regulatory climate towards the use of biomarkers as surrogate endpoints is likely to reduce the time to market and ultimately increase overall revenues," says the analyst.

The increased prevalence of terminal diseases among the ageing baby boomer generation also requires an accelerated drug pipeline. Regulatory authorities have recognised this need and are proving to be more supportive of biomarkers and their capabilities in making drug approval quicker and cheaper.

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Based on extensive and in-depth research, real-world consulting work, and new theories tested in hundreds of companies across many industries, Frost & Sullivan has evolved its Growth Partnership Services (GPS) programme that provides established and emerging firms with powerful growth visions. Moving beyond token mission statements, GPS provides an actionable vision to growth consulting partners by illustrating how key intelligence and strategic research based on defined goals can guide day-to-day behaviour and overall company direction. The foundation of Frost & Sullivans GPS includes:

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