CRO Europital opens new UK site in response to urgent demand
The company will target working with small and medium biotechs who require a science-driven, rather than a volume-driven partner.
Europital – a global provider of medical management services for clinical research and drug development – is opening a UK site to further expand its services to the UK biotech industry. The company is already working with a number of UK partners and is forecasting compound growth nearly 30% of the next 3 years.
The Europital site will expand its operational team over the next few months and will target working with small and medium biotechs to design and execute projects, particularly for First in Man, Phase I and Phase II clinical studies.
The clinical research organization (CRO), which already partners with several biotechs in the UK, says it has seen a "clear gap in the market" for small innovators looking for a science focussed CRO that can provide detailed knowledge and therapeutic experience.
Gaining access to senior medical CRO expertise can be extremely challenging for the smaller innovators. The company says they can provide a medical department with real-world trial experience to implement study design and protocols.
Europital is planning to quickly expand its offering and will focus on providing expertise to partners in complex oncology indications, inflammatory diseases, immunology and infectious diseases studies.
The UK site opening will be used to leverage the company’s Phase III experience with clinical studies directly conducted at UK investigative sites.
Dr Mohamed El Malt, CEO and Chief Medical Officer of Europital said that much of the UK's cutting-edge innovation lies with smaller companies and spin outs and it is these organizations that really need the help of a science-driven CRO rather than that of a volume-driven large CRO that "usually won’t give the study the attention it needs".
"You often hear ‘follow the molecule’ in CRO circles. What we are doing is following the innovator and looking at where we can best help partners advanced targets more quickly through clinical trials," said Dr El Malt.
The company says that the shortage of senior experience in the market - primarily due to the number of trials currently underway - has resulted in almost 100% repreat business.
This development also opens up direct access to UK investigational sites for Europital's existing European and North American partners with Phase IIIstudies.
Related News
-
News First offers for pharma from Medicare drug price negotiations
Ten high-cost drugs from various pharma manufacturers are in pricing negotiations in a first-ever for the US Medicare program. President Biden’s administration stated they have responded to the first round of offers. -
News The 2024 Pharma Outsourcing Forecast: strategic partnerships across global landscapes
For the pharmaceutical industry, outsourcing drug development, manufacturing, and research operations to contract organisations is not just a passing trend – increasingly, the partnership between drug sponsor and drug vendor is one of vital impor... -
News Gerresheimer predicts weight-loss drug deals to account for 4% of yearly growth
Dietmar Siemssen, CEO of German primary packaging manufacturer Gerresheimer, states that approximately 4% of the company’s revenue growth each year to come from deals with drugmakers of weight loss and diabetes products, particularly GLP-1 class ... -
News Novel approach to creating sustainable packaging from rice husks
Researchers have created a new approach to the designing of eco-friendly nanofibres extracted from rice husks, addressing the critical need for sustainable packaging materials in food and biopharmaceutical products. -
News Eli Lilly’s Zepbound makes leaps and bounds in weight-loss drug market
In the last week, Eli Lilly has announced their partnership with Amazon.com’s pharmacy unit to deliver prescriptions of Zepbound. Zepbound has also surpassed Novo Nordisk’s Wegovy for the number of prescriptions for the week of March 8.&nbs... -
News Coronary drug-coated medical device receives US FDA approval
Boston Scientific announced the FDA approval of their medical device AGENT Drug-Coated Balloon (DCB) for the indication of coronary in-stent restenosis in coronary artery disease patients. -
News CPHI Online Webinar Series – Innovative Strategies for B2B Pharma Marketeers
On February 20, 2024, CPHI Online hosted a webinar on Innovative Strategies for B2B Pharma Marketeers. Featuring expert speakers from across the pharmaceutical value chain, this webinar delves into how B2B pharma marketeers can create better content to... -
News Generics threat to Merck’s Bridion as Hikma seeks pre-patent expiry approval
Merck has disclosed they received notice from Hikma Pharmaceuticals for seeking a pre-patent expiry US FDA approval for Hikma’s generic version of Merck’s Bridion.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance