CONTEXT: Commercial announcement of CVS Health joining the push for decentralised clinical trials with the formation of a new business unit. This pharmacy chain is just the latest in a long line of companies seeing the increasing value of patients and patient data.
IMPACT: Medium
READ TIME: 2 mins
Quality Level Mean [1 – 10]: 7
1. “It employed these technologies to connect volunteers to studies close to where they live.”
2. “CVS joins the decentralized clinical trials movement with launch of new biz unit.”
3. “Along the way, the pandemic presented the pharmacy chain with an opportunity: helping the pharmaceutical industry find volunteers for clinical trials evaluating experimental Covid vaccines and medications.”
4. “Woonsocket, Rhode Island-based CVS said its new clinical trial services business will work in a similar way, helping life science companies and contract research organizations (CROs) recruit patients for studies.”
5. “Patient recruitment for clinical trials is a longstanding challenge for the pharmaceutical and CRO industries.”