Syneos Health Inc - Company Profile

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Syneos Health Inc: Segment Analysis

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Business Description

Syneos Health Inc (Syneos Health) is a provider of product development and commercial solutions to the biotechnology, biopharmaceutical, and medical device industries. The company offers biopharmaceutical solutions ranging from early-phase clinical trials to full commercialization of biopharmaceutical products. The company operates through Clinical Solutions and Commercial Solutions. The company is involved in clinical trials, medical strategies, and commercialization activities, and it collaborates with top biopharmaceutical companies. The company has supported over 8,200 clinical studies involving more than 88,000 sites and 760,000 patients. . The company serves the biopharmaceutical industry by leveraging insights, technologies, and business practices to expedite the delivery of therapies to patients. Syneos Health conducts its clinical trials in Quebec, Canada, and Miami, Florida.

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R&D Overview

The company is committed to upholding ethical standards in research and development (R&D), particularly in clinical trials. The company designs its services to meet the highest ethical standards and follows international best practice guidelines, including the International Council for Harmonization (ICH) guidelines for Good Clinical Practice. Syneos Health is focused on promoting patient inclusion and market impact by supporting accessibility and inclusive research throughout the clinical trial process. The company leverages disease epidemiology, proprietary behavioral data insights, community engagement, and AI-driven technologies to engage representative patient populations. It also implements decentralized and digital health technologies to improve recruitment and retention in clinical studies. The company has established an internal Research Ethics Advisory Committee to centralize discussions on ethical research topics and provide recommendations for process enhancement. Additionally, Syneos Health utilizes its Study KIK technology to optimize clinical trial recruitment and enhance colleague and community engagement.The company has two advanced clinical research units located in Canada and the US. These units are staffed by over 800 scientific and medical professionals, including skilled on-site nurses, pharmacists, clinical research associates, and biometricians. The units offer services such as bioanalytical analysis, modeling, and simulation to inform dosing regimens. The company's clinical pharmacology and bioanalysis capabilities span the full product development lifecycle, with approximately 400 team members at labs in Princeton, New Jersey, and Quebec City.

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