By Industry Standard Research
In a recent study, 4 percent of respondents reported using a sole sourcing model, whereby sponsors select a single central lab for all their testing needs. Another 9 percent are in the planning phase to adopt this model, while 33 percent are presently evaluating the approach. Collectively, about half are considering or have taken steps to move forward with a sole sourcing arrangement.
“As you may be aware, there have been some recent activities in the central lab services market whereby sponsors are choosing a single central lab for all of their testing. Is your company considering or has your company considered entering into such an agreement?” (n=112)