(500b) The Transcelerate Comparator Network: Transforming the Supply Chain for Clinical Comparator Medicines | AIChE

(500b) The Transcelerate Comparator Network: Transforming the Supply Chain for Clinical Comparator Medicines

The procurement of comparator medicines required for use in clinical trials for the development of new medicines, poses a formidable challenge for supply chain professionals within biopharmaceutical research and development. This case study describes the synthesis and evolution of the TransCelerate Comparator Network, a biopharmaceutical industry forum that facilitates the procurement of comparator medicines and exchange of information between participating member companies. The goal of this network is to enable member companies to conduct clinical trials more efficiently and with enhanced integrity.

The TransCelerate Comparator Network marks a transformative shift in the manner in which biopharmaceutical companies have historically secured comparator medicines to conduct clinical trials. It is a game changer in that it has led to the creation of a platform that provides participating member companies access to clinical medicines and related documentation which facilitates their ability to conduct clinical trials more efficiently and mitigates risk to the continuity of clinical trials. Additionally this network has fostered an environment where member companies can collaborate and develop community based knowledge and learn from the experiences of others.

The TransCelerate Comparator Network is a great example of how multiple companies across an industry can come together and collaborate in the precompetitive space to develop creative solutions that address long standing challenges and in the process simplify the supply chain to increase efficiency, boost resilience, enhance integrity and reduce operating costs.