By Industry Standard Research
The overwhelming majority of respondents (85%) at small and emerging biopharma companies do not have preferred provider agreements (PPAs) for Phase 2/3 outsourcing. This is a striking comparison to the wider audience of clinical development outsourcers — 83 percent of large sponsors and 47 percent of midsize sponsors said they have PPAs in place. What does this mean? With only about one-in-10 respondents bound by PPAs, it is a CRO’s market.