LEO Pharma and ICON plc collaborate to improve outcomes for dermatology patients

By Liza Laws

- Last updated on GMT

© Getty Images
© Getty Images
A strategic partnership between LEO Pharma and ICON plc, a clinical development company, was announced on March 10.

The companies hope that by working together they can increase the execution of clinical trials and the launch of new medicines specifically targeting dermatology patients.

Specifically, LEO Pharma hopes to be able to make sure the trials are patient-centric and cost-effective.

Jörg Möller, executive vice president and head of global research and development at LEO Pharma, said: “We’ve been exploring several outsourcing models but found a hybrid sourcing model to be the most efficient.

“Partnering with ICON supports our 2030 strategy as it will help us to bring innovative treatments to patients faster while also supporting a more sustainable business through scalability and flexibility.”

The mission of the partnership, both companies say, is to improve the lives of dermatology patients. The partnership says it will operate under the acronym of PACE, which the companies say reflects the requirement to move quickly to address clinical development challenges. They said the acronym also represents LEO Pharma and ICON’s shared values of passion, agility, communication and excellence in delivery.

Möller added: “ICON’s wealth of services and leading position in clinical development will support LEO Pharma’s R&D strategy building on driving innovation through partnerships and support staying competitive.”

The partnership will leverage both fully outsourced and functional outsourcing models in a tailored and flexible hybrid approach.

LEO Pharma says it plans to achieve drive efficiencies in clinical trials, significant and lean scalability in all areas of expertize within clinical development and a co-investment within the area of decentralized trials all while remaining a patient centric company.

The pharma company wants access to a significant number of ICON in-house ancillary services, economies of scope and scale, access to external data, knowledge and expertise as well as technologies and a partnership with a company that shares similar core values.  

In supporting LEO Pharma through this partnership, ICON will draw upon a team of over 500 professionals from across its business to deliver tailored solutions, bringing differentiating and enabling capabilities including its laboratories, Accellacare site-network, FIRECREST site management and decentralized clinical trial capabilities to create strategic advantage in how the trials are delivered.  

Steve Cutler, CEO, ICON , said: “We are delighted to enter this partnership that truly takes advantage of our breadth of capability and expertize. We take a flexible and integrated approach when working with our partners, utilising fully outsourced, hybrid and FSP models that complement our partner’s internal capabilities and enable them to achieve their strategic goals. It is also motivating for our employees to be working with a partner that shares our values and has a commitment to improving the lives of patients.” 

Related news

Show more

Related products

show more

Reliability, scale, and security of supply

Reliability, scale, and security of supply

Content provided by Univar Solutions USA | 28-Aug-2024 | Product Brochure

Univar Solutions Pharmaceutical Ingredients is proud to offer one of the most expansive portfolios of 15,000+ products, including high-purity solvents,...

Saama accelerates data review processes

Saama accelerates data review processes

Content provided by Saama | 25-Mar-2024 | Infographic

In this new infographic, learn how Saama accelerates data review processes. Only Saama has AI/ML models trained for life sciences on over 300 million data...

More Data, More Insights, More Progress

More Data, More Insights, More Progress

Content provided by Saama | 04-Mar-2024 | Case Study

The sponsor’s clinical development team needed a flexible solution to quickly visualize patient and site data in a single location

Related suppliers

Follow us

Products

View more

Webinars