Product/Service

Functional Service Provider (FSP)

Source: ProPharma
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At ProPharma, we offer a unique approach to the traditional Clinical Research Organization (CRO) Full-Service Provider (FSP) model.

As the world’s largest Research Consulting Organization (RCO), we provide tailored and customized FSP solutions designed to fit your precise needs. Our offerings are both cost-effective and quality-focused, ensuring that you receive the maximum value for your investment.

ProPharma offers a range of FSP models that can accommodate various requirements, providing specific therapeutic area expertise, operational expertise, and integrated processes and systems. Our primary goal is to identify the most appropriate outsourcing approach for your project, ensuring a perfect fit for your needs. Our expertise spans across clinical operations, clinical data sciences, biostatistics, safety, nonclinical, and medical writing, enabling us to assist our clients in developing comprehensive FSP solutions.

In addition, when outsourcing a cohesive book of studies for full-service support, ProPharma can provide a hybrid FSP/FSO (Full Service Outsourcing) approach that provides the best of both worlds: end-to-end clinical study support that utilizes dedicated resources to ensure consistency and transferability of knowledge from one study to the next. With this model, you can have confidence that each study is approached with the same level of expertise and gain efficiencies through increased compound knowledge.

FSP Resourcing Solutions

The global shortage of resources is a crisis that impacts the entire pharmaceutical industry. Finding experienced talent has become increasingly challenging and expensive. Utilizing smart recruitment strategies that leverage both our clinical recruitment team and the resources of Planet Pharma, our access to talent is unparalleled. Whether you need to outsource an entire function or establish a small, focused team for a specific area, we can find you the best-in-class expertise to develop an FSP where others fail.

Portfolio Management With FSP

Accurately forecasting resourcing needs is always a challenge within the clinical trial domain. With over 20 years of experience in developing FSP solutions, ProPharma understands the need to make nimble adjustments as queries and responses from regulatory bodies frequently impact clinical timelines. As more than just a staff augmentation provider, ProPharma can help you in efficiently managing your portfolio of work and partner with your leadership to adjust your resource strategies as needed.

Customized FSP Strategy. Globally Scaled Solutions.

A thoughtfully designed and custom tailored solution for your FSP needs.

Single or Multi-Functional Solution

We offer FSP solutions in a variety of functional areas including:

Robust Quality Oversight

ProPharma's FSP solutions include complete ownership of the quality of work in support of clinical trials with multiple touchpoints for issue escalation including:

  • Executive Leadership Oversight
  • Governance Structure
  • Joint Operating Committees (JOC) for multi-functional engagements
  • Functional Governance Committees
  • Operational Leadership
  • Customized quality metrics with convenient read-outs provided in the form of dashboards or PowerPoint presentations
  • Support from the ProPharma Quality Team

Flexible Billing Models

We can tailor an FSP solution to fix the needs of any scope of work, including:

  • FTE fixed monthly rates
  • Time & Material
  • Unit-based Pricing
  • Hybrid models of any of the above

Exceptional Quality

By monitoring key metrics, checking for variations, evaluating enforcement trends, and investing in industry-leading expertise, we become your partner in achieving measurable results. When you work with us, you gain access to a high-caliber team that analyzes your KPIs to optimize your existing operational environment and develops tailor-made solutions that fill the gaps to create exceptional results.

Therapeutic Expertise

Our global team consists of Subject Matter Experts (SMEs) with diverse backgrounds across the pharmaceutical, biotechnology, medical device, and diagnostic industries. With our deep-rooted expertise across countless therapeutic areas, we can anticipate obstacles and develop strategies that fit our clients’ unique needs. Having a top-tier team of professionals allows our FSP infrastructure to move resources internally across clinical programs.

Time And Cost Efficiencies

The FSP model offers significant reduction in costs with greater potential to drive operational efficiencies over time. We enable companies to grow in infrastructure without the headcount burden & risks associated with HR costs & processes. Let ProPharma manage the administrative burden, so you can concentrate on the core tasks of the clinical trial, ensuring business continuity and driving efficiency.

100% Dedicated Teams

We not only provide FSP solutions but we also tailor them to your needs by engaging experts who are experienced across all phases of clinical development. At ProPharma, we know that a successful compound starts with assembling the right team, and we’ll build it with you. Our FSP model is a win-win functional solution because it fosters a partnership that brings together shared expertise & industry experience.

ProPharma As Your Preferred Functional Service Provider (FSP)

At ProPharma, FSPs are true functional partnerships – we become an extension of your team, fully dedicated to the delivery of your clinical portfolio. With our FSP solutions, you will benefit from:

  • Reduced administration burden
  • Consistency of support
  • Continual monitoring of robust KPIs and metrics
  • Cost Savings