Thursday, July 23, 2009

Diversifying into Life Sciences

Francis Jones, President/CEO of Innovative Clinical Concepts, was quoted in an article in the Indianapolis Business Journal discussing minority business obstacles in the life sciences arena.

Francis spent 34 years at Lilly conducting and managing clinical trials before founding Innovative Clinical Concepts LLC on East 86th Street in 2003.

Francis aims to recruit minority patients for human trials, which would provide a more diverse test population and, quite possibly, more accurate results. However, convincing large pharmaceutical makers of that need has been difficult. Moreover, most drug companies contract with much larger competitors to conduct trials. “Being a minority in health care, where there is some perception of our capability as to actually doing that type of work, that is a problem,” Jones said. Asked whether she’s had nibbles from Lilly, Jones would only say, “It’s been very difficult across the board.” Read more.

No comments:

Post a Comment