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"Employing a Functional Service Provider (FSP) Partnerships Model in Non-Footprint Countries: Trends, Challenges and Solutions"
Meeting the Demands of a Changing Clinical Research Landscape
Leveraging an FSP model to support non-footprint countries provides greater resource flexibility and access to specific expertise not readily available in-house. This model is also growing in popularity, as the FSP market has grown substantially in recent years and is projected to continue at a compound annual growth rate of more than 7% from 2023 to 2027.
A 2023 survey of biopharma and biotech leaders conducted by PPD® also revealed an increase in FSP outsourcing over the past two years, with 41% of respondents reporting increased use of FSP models
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