March 2025 Life Sciences Update
Site Selection Is Key to Successful Clinical Trials
05
CONTENTS
Active Clinical Trials by Market
• Choosing the right site is vital for the success and efficiency of a clinical trial. Inadequate site selection can lead to poor quality data, elevated costs and prolonged timelines. • To mitigate these risks, sponsors seek sites with a proven track record of success. They look for an experienced and well-trained staff, a large patient population and access to top-tier facilities, hospitals and research institutions. to initiating clinical trials, companies consider lab infrastructure to ensure seamless trial execution. Proximity to a firm's existing footprint offers several benefits, including: • At the early stages of development and prior
6
60
5
50
4
40
3
30
Current Inventory (MSF)
2
20
Number of Active Trials (In Thousands)
Enhanced communication and coordination between the research and clinical teams
•
1
10
• Improved monitoring and oversight
• Efficiency in allocation of staff and equipment
0
0
• Familiarity with regulatory standards
• Facilitated patient recruitment, as firms leverage their relationship with local healthcare networks
Total Active Clinical Trials
Inventory Trials Started in 2023 Trials Started in 2024
• Markets with an existing life sciences
ecosystem, including a robustly built-out life sciences inventory, offer key opportunities for companies seeking to launch new clinical trials.
Source: Clinicaltrials.gov
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Cushman & Wakefield
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