Therapy Areas: Cardiovascular
CRO Worldwide Clinical Trials Opens New Lab at Bioanalytical Center of Excellence
24 February 2023 - - US-based contract research organization Worldwide Clinical Trials, Inc has expanded its Early Phase large molecule capabilities and services with a new 15,000 square foot dedicated lab at its multimillion dollar Bioanalytical Center of Excellence in Austin, Texas, the company said.

The global large molecule bioanalytical testing services market was valued at USD 1.4bn in 2020 and is expected to experience a compound annual growth rate of 9.5% until 2028 (source).

Driving this growth are increasingly complex innovations in the healthcare sector, causing the demand for quality and technologically advanced large molecule bioanalytical testing services to expand at a rapid rate.

However, there are challenges in the current marketplace to address the increasing demand.

With its new large molecule dedicated lab, Worldwide is positioned to meet this demand with a forecasted sample analysis scale of about 70,000 annually, increasing to about 200,000 in 2024, across pharmacokinetic, anti-drug antibodies, and biomarkers.

Beyond assay transfer and validation, the scientific team develops assays for popular large molecule drug modalities, such as monoclonal antibodies, bispecific, antibody-drug conjugates, fusion protein, and more.

The added capacity enables Worldwide to provide its sponsors with optimized sample processing and analysis workflows for minimal turnaround times, as well as the flexibility to continuously scale additional capabilities into preexisting workflows all while supporting a clinical trial landscape with increasingly complex study permutations.

Through Worldwide's scientific and technical consultation and services, plus access to industry-leading experts, sponsors experience improved data delivery and the ability to make informed decisions, faster.

Led by bioanalysis expert Dr. Tom Zhang, Worldwide's large molecule capabilities are integrated seamlessly into its preexisting clinical pharmacology and pharmacokinetics business unit.

Capabilities include pharmacodynamic studies, pharmacokinetics, biomarker assays, genotyping, and immunogenicity testing, which will materially facilitate translational research efforts unique to a variety of therapeutic modalities.

Ahead of this expansion, Worldwide has built on the company's commitment to support preclinical and early phase research with several developments and investments.

Earlier this year, the organization announced the opening of its 42,000 square foot state-of-the-art lab in Austin, as well as key additions to its Early Phase team to enhance its capabilities in bioanalytical testing for large and small molecule processing.

The new lab, strategically located near Worldwide's Clinical Pharmacology Unit, has played a critical role in exceeding the needs of sponsors to conduct top-quality early phase study research for normal and specialized patient populations.

Worldwide Clinical Trials is a global, midsize contract research organization that provides top-performing bioanalytical and Phase I-IV clinical development services to the biotechnology and pharmaceutical industries.

Founded in 1986 by physicians committed to advancing medical science, our full-service clinical experience ranges from early phase and bioanalytical sciences through late phase studies, post-approval, and real-world evidence.

Major therapeutic areas of focus include cardiovascular, metabolic, neuroscience, oncology, and rare diseases.

Operating in 60+ countries with offices in North and South America, Eastern and Western Europe, and Asia, Worldwide is powered by its more than 3,000 employee experts.
Login
Username:

Password: