CEbiotech.com - Central European Biotechnology Portal
be visible on the BioBusiness market                  ISSN 2300-0228
“Speed of growth is a difficult balance” - The interview with Michael Globits, Business Ope

“Speed of growth is a difficult balance” - The interview with Michael Globits, Business Operations Manager of HungaroTrial

Publish date: 2013-03-04

HungaroTrial is a leading CRO in the CEE region, providing services for Phase 1 through Phase 4 clinical trials. The organization was founded in Hungary in 1999 by Dr. Lajos Sárosi and has successfully expanded its activities into such countries as Czech Republic, Slovakia, Romania, Serbia, Croatia, Ukraine and Russia. Michael Globits, Business Operations Manager of HungaroTrial tells us about the sources of company’s international success, its biggest achievements and plans for the future.

Tags: medicine , pharma , interview , hungary

 

The history of HungaroTrial seems to be a constant series of successes.  How have you managed to create such a wide range of clinical services in numerous countries of Central and Eastern Europe? What were the biggest obstacles which you have encountered on the way of company’s expansion outside Hungary?

Much of this successful growth has come with patience. The company faced some difficult decisions as it began to experience this expansion.  Would it be better to take bigger steps with investors and struggle to maintain a certain level of quality, or implement a continuous step-by-step development strategy where growth is staggered?  Speed of growth is a difficult balance, but at HungaroTrial, we feel we have found what works best.

During expansion, some of the obstacles the company was confronted with included  comprehending and implementing regulatory laws in new countries of operation, and building and maintaining trust in new therapeutic areas and geographic locations.  These obstacles truly challenged the company, but overcoming them is what helped us position ourselves as one of the best CROs in the region. 

Could you briefly describe the services you provide? How do they differentiate from the competitive ones?

HungaroTrial provides Phase I-IV clinical research services to pharma, biotech, and medical device companies.  These services include project management, study planning and feasibility, site selection and support, site monitoring, regulatory management, and CRA outsourcing.

Local knowledge and expertise, strong relationships with KOL’s, and meaningful rapport with study sites are just some of the ways we set ourselves apart from competitive international CRO’s.

What do you think has been your biggest achievement since the establishment of the company?

To define only one achievement would be difficult as we have had many successes in our 13 year history here in CEE.  However, what we consider to be most important is the consistent trust bestowed upon us by biotech and pharmaceutical companies from the United States to carry out studies in the region.  This respect strengthens our worldwide reputation and brings repeat clients from the EU and US.

According to your website, one of your competitive advantages are people - the staff turnover is less than 4%; the medical staff is the strongest in CEE. Is the team cooperating with you the cornerstone of the company’s success?

Team cooperation and collaboration are important factors in the success of HungaroTrial.  Our employees hold themselves to the highest standards and are willing to go beyond what is expected to ensure the success of a study.  We have faster study start-up, faster patient enrolment, and more satisfied sponsors due in large part to our team.

What are your plans for the future? Is your desire to perform clinical trials worldwide?

Growth is always on our minds, and yes, there are plans to increase our regional and global coverage.  Most recently we expanded our operations to Bulgaria and Poland, allowing us to offer more to our clients.  However, our main goal is always to demonstrate the capabilities and benefits of the Central and Eastern European region and to be at the forefront of this movement.

What were the outcomes of the webinar that took place on 6th December 2012? How Israeli companies can take advantage and maximize study capabilities in CEE?

We saw great results as there was a strong response from registrants for this webinar.  Participants were surprised and intrigued to learn of the opportunities in the region, especially regarding the large patient populations available for their upcoming studies.  Many companies are still unaware of the success they can achieve in CEE.

Do such events like the one mention above are organized in series? What topics do you plan to discuss in 2013?

Last year we held two of these series’, one in May and one in October, both of which were well received in the pharma and biotech community.  We had requests from all over the world and even held multiple presentations to accommodate these participants.This next year will bring new additions to our program including paediatric and medical device presentations in hopes of demonstrating the strength and diversity of the region.

Have you heard about Bioforum organized in May in Budapest this year? Are you going to attend it? What do you think about the extent of cooperation among CEE life science companies? Would it be favorable for CEE market to be more integrated?

Yes we are aware of the Bioforum event this year and are planning on attending in May.  It will be a great opportunity for companies to exchange thoughts and ideas while fostering greater cooperation in CEE.  There is still a lot of room for growth and expansion in the region, and with stronger integration, companies throughout Central and Eastern Europe can make a global impact on the pharma and biotech industry.

 

 

For more info visit the company's website: http://www.hungarotrial.com/

 

by Jakub Chrustowicz

Comments:

Add comment
Guest
2016-10-03 09:37:46 +0200
How i got my Husband back Thanks to Lord Alika for bringing back my Husband ,and brought great joy to my family??? My name is Kathryn Louise, My Ex-Husband dumped me two weeks ago after I accused him of seeing someone else and insulting him. I want him back in my life but he refuse to have any contact with me. I was so confuse and don't know what to do, so I reach to the internet for help and I saw a testimony of how a spell caster help people to get their ex back so I contact the spell caster and explain my problem to him and he cast a spell for me and assure me of 48hours that my ex will return to me and to my greatest surprise the third day my ex came knocking on my door and beg for forgiveness. I am so happy that my love is back again and not only that, we are about to get married. Once again thank you Lord Alika , You are truly talented and gifted. web:http://lordalikaspelltemp8.wix.com/http is the only answer. He can be of great help and I will not stop publishing him because he is a wonderful man.Email: lordalikaspelltemple@yahoo.co.uk or +19206246318. web:http://lordalikaspelltemp8.wix.com/http
Guest
2016-04-03 05:58:51 +0200
My name is Jessica Luis, and I base in USA...My life is back!!! After 1 years of Broken marriage, my husband left me with two kids . I felt like my life was about to end i almost committed suicide, i was emotionally down for a very long time. Thanks to a spell caster called Dr Mohammed, which i met online. On one faithful day, as I was browsing through the internet,I came across allot of testimonies about this particular spell caster. Some people testified that he brought their Ex lover back, some testified that he restores womb,cure cancer,and other sickness, some testified that he can cast a spell to stop divorce and so on. i also come across one particular testimony,it was about a woman called Sonia,she testified about how he brought back her Ex lover in less than 2 days, and at the end of her testimony she dropped Dr Mohammed's e-mail address. After reading all these,I decided to give it a try. I contacted him via email and explained my problem to him. In just 48hours, my husband came back to me. We solved our issues, and we are even happier than before Dr Mohammed, is really a gifted man and i will not stop publishing him because he is a wonderful man... If you have a problem and you are looking for a real and genuine spell caster to solve all your problems for you. Try High monicaspiritualtemple@gmail.com anytime, he might be the answer to your problems. Here's his contact: monicaspiritualtemple@gmail.com or call him +2348134493948
See also
Cormay co. was granted for the greatest success and the best future perspectives among other co-partnerships in... Read more
Tags: medicine , poland
On January 2012 the Innovation for Health contest was completed. Drug companies, patient associations, drugs, h... Read more
Tags: poland , biotechnology , pharma
The investment portfolio of the JCI Venture fund added an innovative biotechnological company, simAb co. The co... Read more
Tags: poland , pharma