Sub-theme: Research and diagnostics
ICON is a clinical research organisation (CRO) which provides outsourced development services on a global basis to the pharmaceutical, biotechnology and medical device industries. The company’s mission is to accelerate the development of drugs and devices that save lives and improve the quality of life. ICON specialises in the strategic development, management and analysis of programmes to support all stages of the of the clinical development process.
Impact Score: 22%
ICON’s services result in reduced time and cost in clinical trials. However, their clients in the pharmaceutical and biotech sectors are already well-served and the impact generated is incremental as these processes would otherwise be performed in-house.
Fundamental Quality: 66%
ICON is one of a select group of CROs with the expertise and capability to conduct clinical trials in most major therapeutic areas on a global basis. The company also has a strong management team with a high quality management system that ensures all services meet the highest ethical standards.
(per £1m invested)
- Auditor independence
- Executive remuneration
- Pre-emption rights
- Share buy-backs
- Clinical trials produce a large amount of medical waste including plastics and toxic chemicals
- Clinical trials pose a risk of adverse events to trial participants
