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First-year accomplishments of TransCelerate, pharma's precompetitive consortium
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TransCelerate up to speed
Monday, October 21, 2013
In its first year, the industry's precompetitive experiment TransCelerate
BioPharma Inc. has hit key milestones in all five of its initial projects
aimed at improving the speed and quality of clinical trials. The biopharma
consortium also has increased its membership to 18 companies from 10, and could
announce its next set of projects this year.
TransCelerate was founded last
year after a group of pharma R&D heads concluded that precompetitive
collaboration was best way to solve clinical trial bottlenecks. The hope was
that the resulting efficiencies would speed up drug development and lower costs
for all members.
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