2013 Summit Press Release 5/16

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2013 Summit Press Release 5/16

  1. 1.      For Immediate ReleaseMedia Contact: General Information:Brittany Hutt Caryn LaermerDirector of Marketing Communications Senior Manager, Quality ConsortiumBrit@Socialsurgeinteractive.com caryn.laermer@theavocagroup.com610-212-1230 609.799.0511The  Avoca  Group  Holds  Quality  Summit  to  Help  the  Industry  Strike  the  Right  Balance  Between  Time,  Cost,  and  Quality      Pharmaceutical,  Biotechnology,  and  Clinical  Research  Provider  Executives  Meet  to  Create  Efficiencies  and  Increase  Quality  in  Clinical  Trials.    PRINCETON,  NJ  (May  16,  2013)  –  The  Avoca  Group,  industry-­‐leading  consulting  and  research  organization  specializing  in  clinical  outsourcing  and  alliance  management,  conducted  its  second  annual  Avoca  Quality  Consortium  Summit  May  8  and  9  in  Princeton,  NJ.  Last  year,  Avoca  formed  the  industry-­‐wide  Avoca  Quality  Consortium  which  brings  together  quality,  outsourcing  and  operational  professionals  from  Member  pharma,  biotech  and  Contract  Research  Organizations  (CROs)  to  accelerate  the  development  of  a  best  practice  approach  to  quality  management  and  oversight  of  outsourced  clinical  research.    The  Avoca  Quality  Consortium  Summit  engaged  more  than  a  hundred  senior  executives  from  the  full  spectrum  of  large  to  small  pharmaceutical  companies  and  leading  clinical  service  providers  in  discussions  on  provocative  topics  concerning  effective  clinical  trial  oversight,  risk  assessment  and  risk  management,  change  management,  and  creating  a  culture  of  quality.    The  consensus  was  clear:  The  industry  needs  to  move  towards  a  more  proactive  approach  to  quality  management  and  risk  management.  While  there  is  no  “one-­‐size  fits  all”  formula  that  can  be  applied  to  all  organizations,  the  Consortium  has  been  able  to  bridge  gaps  and  develop  mutually  agreed  upon  standards  of  quality  that  have  a  built-­‐in  flexibility  with  tailored  modules  that  companies  can  adapt  and  implement  to  meet  their  organization’s  needs  and  pave  the  way  for  improved  outcomes.  This  year,  The  Avoca  Quality  Consortium,  which  now  consists  of  more  than  30  sponsor  and  CRO  Member  companies,  is  focusing  on  creating  specific  guidelines  and  tools  for  proactive  quality  management  and  effective  oversight.    In  addition,    the  Consortium  has    conducted  an    assessment  on  Member  company  approaches  to  risk  assessment,  management  and  sharing  in  
  2. 2. outsourced  clinical  trials.    Avoca  is  collaborating  with  the  Metrics  Champion  Consortium  and  participates  in  ongoing  discussions  in  other  industry  consortia,  such  as  CTTI  and  Transcelerate,  to  ensure  no  duplication  of  efforts.      -­‐more-­‐  “Providing  insights,  standards  and  tools  for  proactive  quality  management  and  effective  oversight  will  have  a  significant,  positive  impact  on  the  industry  in  terms  of  ensuring  efficiency  while  focusing  on  maintaining  high  quality,”  said  Patricia  Leuchten,  CEO  of  The  Avoca  Group.  “We  are  encouraged  by  the  level  of  commitment  and  interest  by  our  members  and  I’m  pleased  that  Avoca  can  serve  as  a  catalyst  for  change  and  provide  the  venue  for  bringing  sponsors  and  CROs  together  to  discuss  this  important  topic  of  quality  in  clinical  trials.”    To  inquire  about  membership  in  the  Quality  Consortium,  please  contact  Danya  Burakoff  619-­‐994-­‐8677  or  visit  the  Avoca  Quality  Summit  website  at  http://theavocagroup.com/QualityConsortium      About The Avoca GroupThe Avoca Group is an industry-leading organization providing survey research, consultingservices and training in the areas of clinical outsourcing, business development, strategicalliances and client service. Founded by industry veteran Patricia Leuchten in 1999, thecompany works exclusively in the health care industry and has a focus on relationshipmanagement.###  

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