Clinical Data Explosion Meets Privacy Laws: What You Need to Know
28 October, 2024
Summary
US data privacy laws are transforming clinical data management in the life science industry. Our latest report explores how these changes are impacting pharma, CRO, and biotech organizations.
Think you’ve got a handle on data privacy? Think again. With the clinical trials market set to surge from $48 billion in 2023 to $67 billion by 2025, understanding the shifting landscape of state and federal privacy regulations is crucial. For pharma, CROs, and biotech firms, this means reassessing how you manage research, clinical trials, data storage, and breach notifications.
Did you know 90% of global customers are concerned about data privacy? This growing concern is driving states to introduce their own privacy laws, creating a patchwork of regulations. How will these changes impact your organization’s data access management, compliance, and clinical data handling activities?
Don’t let outdated assumptions cloud your strategy. Dive into our latest report to discover how these regulatory shifts could reshape your approach to clinical data management and compliance. And remember, recruiting the right talent to navigate these complexities is more important than ever. It’s time to rethink your strategies and stay ahead in a market where precision and adaptability are key.
Over 20 states
have enacted their own privacy laws, including California’s CCPA and CPRA, Colorado’s Privacy Act, and Virginia’s Consumer Data Protection Act. Each of these laws has its own requirements, adding layers of complexity to data compliance.
44%
of the global pharmaceutical market share in 2023 highlights the United States' dominant position, emphasizing the importance of staying ahead with compliance and privacy strategies.
58%
of Life Sciences executives expect data and analytics to be among their top investment priorities over the next two years.
Leveraging our in-house experts’ first-hand experience in biostatistics, biometrics, and clinical data management, we provide a clear view of how state and federal privacy policies impact the life sciences sector. Their deep industry knowledge helps us pinpoint the real-world implications for your organization.
"As regulatory requirements become more complex, organizations are seeking professionals who can navigate compliance challenges while leveraging data-driven insights to maintain competitive advantages."
"Recruitment agencies must proactively source, engage, and retain candidates with the specific qualifications and experience needed to address these evolving needs, ensuring they can quickly meet client demands."
Charles Sealey, Director at Warman O'Brien
Downloading this report will put you in a prime position to acquire the industry professionals you need to safeguard your SMB from network security threats and keep you ahead of the competition.
What’s included in the report?
How are US data privacy laws transforming clinical data management practices?
We explore the significant and growing impact of US data privacy laws on clinical data management. As the use of clinical data grows, these regulations are reshaping how personal data is stored, handled, and managed.
- Which states have the toughest privacy regulations, and what does it mean for you?
We discuss which states, like California and Virginia, are leading the way in data privacy regulations. As you continue to use real-world data to drive innovation, understanding how these laws vary and what you need to do to stay compliant across state lines is crucial.
- What are the top compliance challenges for life science companies, and how can you tackle them?
Gain insight into the most prominent compliance challenges faced by life science companies due to fragmented regulations. We provide actionable strategies to manage these complexities and keep your compliance on track.
- How can you manage clinical data effectively with these regulatory changes?
Explore advanced practices for managing clinical data in an environment marked by frequent and developing regulatory changes. We share how to ensure data security and compliance while adapting to new rules.
- The role of biostatisticians in regulatory compliance
We highlight the growing importance of having the right team in clinical data as privacy regulations continue to change how data is handled. We’ll look at effective strategies for finding and hiring talent that can help you navigate these evolving requirements.
- What future trends in privacy laws will impact biostatistics and clinical research?
Gain insights into projected privacy regulations that could transform biostatistics and clinical research—enabling you to continue advancing innovative solutions in medical devices, clinical research, and real-world monitoring, all while ensuring compliance.
Further Insights into the Life Sciences Industry
Explore our other guides for more insights into the life sciences industry and a closer look at this forward-thinking field.
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Importance of Biostatistical Analysis in the Post-Marketing Stage
Explore the vital role of biostatistical analysis in Phase IV of clinical trials. This guide highlights why post-marketing surveillance is more than a formality. Learn how biostatistics ensures the safety and effectiveness of medical products, addresses safety concerns, optimizes product use, and informs future research.
How we Helped a Global CRO Secure top Statistical Talent
Discover how we matched a global CRO with top Biostatistics and Statistical Programming experts, ensuring their projects stayed on track and their team was efficiently supported. Our customized approach delivered the right talent quickly and effectively.
Discover Global Expertise in Life Sciences Recruitment
Our passionate and specialist biometrics consultants understand how changing regulations impact the need for professionals in regulatory affairs and clinical data management. With ex-industry experts on our Senior Leadership Team, including a former Associate Director of Biostatistics from IQVIA, we provide tailored recruitment solutions that address these developing needs.
We connect leading pharmaceutical, clinical, and biotech companies across the UK, Europe, and North America with the right professionals to drive innovation and success.
Reach out today to find the professionals who fit your needs.