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Interview with: Dr Milen Vrabevski,
Chief Executive Officer, Comac
Medical
Chief Medical Officers (CMOs)
sometimes fail to acknowledge what is
essential for seamless clinical
operations, according to Dr Milen
Vrabevski, Chief Executive Officer,
Comac Medical. “Successful trials are
primarily dependent on the physician’s
devotion to the concept of a potential
benefit to the patient and his or her
willingness to commit time. These
factors, in conjunction with a support
staff of experienced coordinators and
regulatory personnel, are essential for a
seamless effort. The “nuts and bolts” of
daily queries, Contract Research
Organisation (CRO) monitoring visits
and vigilance over accumulated data
still require physician oversight.
Nonetheless, the benefits outweigh the
time required,” he details.
Comac Medical is a CRO attending the
marcus evans Evolution Summit
2013 in Europe and the Evolution
Summit 2014 in North America.
How is the landscape of clinical
operations changing today? What
challenges and opportunities is it
presenting to CMOs?
CMOs are operating in an environment
that is constantly changing and with
various regulatory requirements. Many
companies conduct trials in developing
or emerging markets to reduce costs
and take advantage of their services.
For example, the Balkan and Baltic
regions are a highly attractive market
for conducting trials. They are non-
s a t u r a t e d , h a v e e x p e r i e n c e d
investigators and flexible logistics.
However, it is important to work with
CROs that are experienced and able to
manage in an unstable regulatory
environment.
What would help accelerate drug
development and delivery/time to
market?
It is not surprising that as development
costs have increased, the absolute
number of newly approved drugs has
constantly been decreasing for several
years. Together with the greater
scrutiny of the approval process, this
has created a growing problem both for
the drug industry and for patients who
are desperately waiting for new drugs.
It is therefore timely to consider how
new technologies (namely functional
genomics, proteomics and the related
field of toxicogenomics) can help speed
up drug development and make it more
efficient.
Ultimately, it will be market forces that
decide whether the pharmaceutical
industry will start using the large-scale
“-omics” approaches. If it leads to cost
savings, as we believe it will,
pharmaceutical companies will
inevitably adopt them. Secondly, by
removing the considerable cost and
delay of waiting for approval between
stages, we can widen the pool of viable
treatments and accelerate drug
development.
There is a desperate need for capital
efficiency and reduction of risk in
clinical development. We are
watching the adaptive clinical trial
design technologies that are available,
as they give CMOs the opportunity to
move forward and work faster. We see
that as a good opportunity to tap into.
What is unique about Comac
Medical’s approach?
We strongly believe that the time and
effort spent in planning a product’s
clinical development program directly
correlates with the chance of success.
Clinical Strategy Planning is the vital
innovation needed to survive today’s
challenges, includ ing financial
constraints, the high cost of execution
and competition. The right strategy
improves the decision’s quality. Our
personnel are highly experienced and
trained, and clearly comprehend the
cultural and professional peculiarities of
sites and investigators. They are able to
track and manage tools that encompass
the entire clinical trial process, providing
broad oversight capabilities.
What is key to clinical trial success?
What do Chief Medical Officers
overlook?
Better understanding the processes by
which drug candidates affect the human
body and identifying the cellular factors
and processes with which these
compounds interact will be the key to
improved therapeutics.
Improving clinical practice using clinical
decision support systems: a systematic
review of trials to identify features
critical to success.
Working with
experienced
CROs that are
able to manage
a diversified
regulatory
environment and
are committed to
timely delivery of
results is a key
success factor
Ensuring a Seamless Clinical Trial
The Pharma Network –
marcus evans Summits group
delivers peer-to-peer information
on strategic matters, professional
t r e n d s a n d b r e a k t h r o u g h
innovations.
Please note that the Summit is a
closed business event and the
number of participants strictly
limited.
For more information please send an email to info@marcusevanscy.com or visit
the event websites below:
Evolution Summit (Europe):
www.evolution-summit.com
Evolution Summit (North America):
www.evolutionsummit.com
Contact
Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division
Tel: + 357 22 849 313
Email: press@marcusevanscy.com
For more information please send an email to info@marcusevanscy.com
All rights reserved. The above content may be republished or reproduced. Kindly
inform us by sending an email to press@marcusevanscy.com
About Comac Medical
Comac Medical Ltd. founded in 1997 by Dr. Milen Vrabevski, CEO operates as a boutique full-service clinical research/site
management organization via own network of offices with more than 250 full-time employees.
14 CEE countries / 100 million population incl. Romania, Poland, Bulgaria, Georgia, and others.
Key achievements:
Certificate of Recognition by USA NIH
3 FDA inspected Sites (NAI letters)
EMA inspected Sites
Certified by French Govmnt Hospital-based EU CA-inspected Clinical Research units
ISO 9001:2008
DIA partner
CDISC partner
www.comac-medical.com
About marcus evans Summits
marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, case studies, roundtables and one-to-one business meetings.
For more information, please visit: www.marcusevans.com
Upcoming Events
Discovery Summit (Europe) - www.discovery-summit.com
To view the web version of this interview, please click here: www.pharmaceuticalseries.com/MilenVrabevski

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Interview with: Dr Milen Vrabevski, Chief Executive Officer, Comac Medical

  • 1. Interview with: Dr Milen Vrabevski, Chief Executive Officer, Comac Medical Chief Medical Officers (CMOs) sometimes fail to acknowledge what is essential for seamless clinical operations, according to Dr Milen Vrabevski, Chief Executive Officer, Comac Medical. “Successful trials are primarily dependent on the physician’s devotion to the concept of a potential benefit to the patient and his or her willingness to commit time. These factors, in conjunction with a support staff of experienced coordinators and regulatory personnel, are essential for a seamless effort. The “nuts and bolts” of daily queries, Contract Research Organisation (CRO) monitoring visits and vigilance over accumulated data still require physician oversight. Nonetheless, the benefits outweigh the time required,” he details. Comac Medical is a CRO attending the marcus evans Evolution Summit 2013 in Europe and the Evolution Summit 2014 in North America. How is the landscape of clinical operations changing today? What challenges and opportunities is it presenting to CMOs? CMOs are operating in an environment that is constantly changing and with various regulatory requirements. Many companies conduct trials in developing or emerging markets to reduce costs and take advantage of their services. For example, the Balkan and Baltic regions are a highly attractive market for conducting trials. They are non- s a t u r a t e d , h a v e e x p e r i e n c e d investigators and flexible logistics. However, it is important to work with CROs that are experienced and able to manage in an unstable regulatory environment. What would help accelerate drug development and delivery/time to market? It is not surprising that as development costs have increased, the absolute number of newly approved drugs has constantly been decreasing for several years. Together with the greater scrutiny of the approval process, this has created a growing problem both for the drug industry and for patients who are desperately waiting for new drugs. It is therefore timely to consider how new technologies (namely functional genomics, proteomics and the related field of toxicogenomics) can help speed up drug development and make it more efficient. Ultimately, it will be market forces that decide whether the pharmaceutical industry will start using the large-scale “-omics” approaches. If it leads to cost savings, as we believe it will, pharmaceutical companies will inevitably adopt them. Secondly, by removing the considerable cost and delay of waiting for approval between stages, we can widen the pool of viable treatments and accelerate drug development. There is a desperate need for capital efficiency and reduction of risk in clinical development. We are watching the adaptive clinical trial design technologies that are available, as they give CMOs the opportunity to move forward and work faster. We see that as a good opportunity to tap into. What is unique about Comac Medical’s approach? We strongly believe that the time and effort spent in planning a product’s clinical development program directly correlates with the chance of success. Clinical Strategy Planning is the vital innovation needed to survive today’s challenges, includ ing financial constraints, the high cost of execution and competition. The right strategy improves the decision’s quality. Our personnel are highly experienced and trained, and clearly comprehend the cultural and professional peculiarities of sites and investigators. They are able to track and manage tools that encompass the entire clinical trial process, providing broad oversight capabilities. What is key to clinical trial success? What do Chief Medical Officers overlook? Better understanding the processes by which drug candidates affect the human body and identifying the cellular factors and processes with which these compounds interact will be the key to improved therapeutics. Improving clinical practice using clinical decision support systems: a systematic review of trials to identify features critical to success. Working with experienced CROs that are able to manage a diversified regulatory environment and are committed to timely delivery of results is a key success factor Ensuring a Seamless Clinical Trial
  • 2. The Pharma Network – marcus evans Summits group delivers peer-to-peer information on strategic matters, professional t r e n d s a n d b r e a k t h r o u g h innovations. Please note that the Summit is a closed business event and the number of participants strictly limited. For more information please send an email to info@marcusevanscy.com or visit the event websites below: Evolution Summit (Europe): www.evolution-summit.com Evolution Summit (North America): www.evolutionsummit.com Contact Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About Comac Medical Comac Medical Ltd. founded in 1997 by Dr. Milen Vrabevski, CEO operates as a boutique full-service clinical research/site management organization via own network of offices with more than 250 full-time employees. 14 CEE countries / 100 million population incl. Romania, Poland, Bulgaria, Georgia, and others. Key achievements: Certificate of Recognition by USA NIH 3 FDA inspected Sites (NAI letters) EMA inspected Sites Certified by French Govmnt Hospital-based EU CA-inspected Clinical Research units ISO 9001:2008 DIA partner CDISC partner www.comac-medical.com About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, case studies, roundtables and one-to-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events Discovery Summit (Europe) - www.discovery-summit.com To view the web version of this interview, please click here: www.pharmaceuticalseries.com/MilenVrabevski