New Clarivate CMR Factbook Highlights Increasing Cost and Complexity of Phase II Trials

Clarivate Plc has announced the release of the 2020 Centre for Medicines Research (CMR) International Pharmaceutical Clinical Factbook. The factbook reveals clinical trial volume has increased by 7% between 2014 and 2019 with Phase II trials accounting for the majority of trials initiated during the period. The report finds the number of Phase I and II trials have shown a slight decrease between 2015 and 2019, while Phase III has seen a slight increase. The overall duration for Phase II and III trials is comparable.

The Center for Medicines Research, a wholly owned subsidiary of Clarivate, has released the report to help pharmaceutical and biotechnology companies benchmark their clinical strategy against industry standards and competitors. The annual publication provides insights on clinical study, country and site level metrics from Phase I through Phase IV.