The WIRB-Copernicus Group®’s (WCG™) Clinical Services Division will offer its unique data-driven benchmarking solution to companies that discover and develop vaccines, helping them to increase productivity, reduce cycle-times, and maximize their investment in research and development. For the past 20 years, WCG’s KMR Group has enabled the leading biopharma companies to reduce operational cycle-times up to 20%, decrease study costs by 15%, and improve their ranking against peers by 30%. Built upon WCG KMR Group’s trusted framework, the new program will enable vaccine developers to enjoy cost savings and performance improvements comparable to their biopharma counterparts.
WCG’s KMR Group uses data to help research sponsors evaluate their own performance as compared to peers. With solutions that span the full R&D spectrum, WCG KMR Group harnesses extensive statistical methods and normalizing for key factors to evaluate productivity, success rates, cycle-times, pipeline, and investments. By examining industry trends, answering critical business questions, and identifying best practices, WCG KMR Group will help vaccine developers to optimize their R&D programs and accelerate the delivery of new vaccines to market.
“We are fortunate to live in an age where disease is not only treatable, it’s preventable,” said Donald A. Deieso, PhD, Executive Chairman and CEO of WCG. “This program unites the leading vaccine developers and provides them with the tools they need to drive continuous improvement. We’re proud to play a role in helping them to accelerate the delivery of new and better vaccines to patients, because, in the immortal words of Ben Franklin, ‘an ounce of prevention is worth a pound of cure’. We are delighted to have a number of the leading vaccine biopharma companies as charter members of the Consortium and welcome all others with investments in this therapeutic area to join.”
WCG’s KMR Group is the industry’s leading provider of benchmarking data, metrics and advanced analytics, as well as the developer of online analytics tools that enable access to proprietary and rich datasets. WCG KMR Group’s platform is the most reliable source for performance, project, and trial data, with information on over 10,000 development projects and nearly 30,000 global clinical trials. Clients depend on WCG KMR Group’s analysis to benchmark performance, set project plans, and identify opportunities to improve performance.