Although there are about
720,000 licensed physicians in
the United States, only a small
percentage – 10 percent to be
specific – participate in clinical
trial research in which pharmaceutical
companies spend more
than $3.3 billion a year in their
quest to develop new drugs.
In San Antonio, Alan Preston,
CEO of Synergyst Research,
hopes to reverse that low participation
rate by encouraging more
physicians to get involved in
clinical trials.
“There’s lots of reasons why
physicians don’t participate,”
Preston says. “One is that if you
don’t understand the clinical
trial process, you’re going to be
reluctant to get involved. The
complexity of getting involved
keeps many doctors at bay. Our
company helps physicians who
are clinically research naïve get
started in the clinical trial business.”
Founded in 2004, Synergyst
Research offers marketing, legal,
financial and regulatory services
to strengthen and increase
a physician’s clinical research
capabilities.
“We’re a clinical trial management
organization,” Preston says.
“We find trials for physician
groups, do the legal documents,
negotiate budgets on their behalf,
help them prepare for site visits
and assist with all other aspects
of the study start phase of clinical
trials.”
Clinical trials are vital in
the development of new drugs.
Therefore, participation in clinical
trials is a win-win situation
for physicians and patients,
Preston says. Individuals who
volunteer to be test subjects in
new drug research receive free
medicine and care, and are often
paid for their time and travel.
They also get a tremendous
amount of attention from the
physician overseeing the study,
the clinic coordinator and biostatisticians
who monitor their
charts.
“For physicians, they get to be
part of leading-edge technology
in the pharmaceutical business,”
he says. “They get a sense of
what is in the pipeline of new
drug treatments that are going to
come out on the market.”
San Antonio is ideal for conducting
clinical trials because of
its renowned Medical Center and
the various research projects it
conducts, Preston says. He estimates
about 200 clinical trials occur
here each year. The range of
therapeutic specialties of which
clinical trials are conducted
range from the A to Zs, including
allergy and asthma, cardiology,
gastroenterology, neurology, oncology,
psychiatry, rheumatology
and urology, among others.
Developing one new drug
– which can take years from
the start of Phase I, II, III and
IV clinical trials all the way to
getting FDA approval – can be
exorbitant, somewhere to the
tune of $800 million. Basically,
a pharmaceutical company first
has to hire scientists who must
understand the effect that the
drug will have on animals. Years
can go by before the drug is ready
to be tested on humans.
“Then they will often pay doctors
$50,000 per trial to $250,000
per trial to conduct these trials,”
Preston says, adding that 10
patients per trial must be enrolled.
“It becomes costly to pay
physicians, find subjects to enroll
in clinical trials, collect data and
report that data back to pharmaceutical
companies.”
Each phase can take as long as
a year to complete, he says. Because
there are four phases, four
years can pass for a drug to be
tested on humans until the time
it goes to the FDA for review and
approval.
Before he established Synergyst
Research, Preston was CEO
of four different managed care
payors, as well as a large multispecialty
physician group. Doing
so, he says, has given him a leg up
for working in healthcare.
“When you’re on the third
party side, you see all the challenges
from the perspective of
insurance companies. You see
claim forms that come in and
how inaccurate they are or the
amount of information they are
missing,” he says. “On the physician
side, you see the challenges
when they do it right and managed
care companies don’t get it
right. Each side has some areas of
complexity that the other doesn’t
understand.
“When you have both of
those, you get an insight that is
substantially different than either
one of them. You add to that the
academic component of it. Those
are the three legs that really give
you a stable platform upon which
to look at healthcare industries
and try to figure out what are the
needs in that industry and how
can we solve that need.”
That insight led Preston to
start his company, he says, as well
as an experience he had with a
physician, who was seeking help
in obtaining a clinical trial. “We
fulfilled that need,” he says. “We
realized that if this one provider
has this need, then other provider
groups might also have this
need, so we scaled the company
upward. Now we’re in 13 markets
in the United States that does
clinical trial research.”
Preston says he’s fortunate
that his job allows him to pursue
activities outside the sphere of
Synergyst Research. He currently
is working with members of the
community to help the University
of the Incarnate Word establish
a master’s program in health
administration. It is scheduled to
launch in fall 2009.
Daniel Dominguez, UIW
founding director, graduate program
in health administration,
H-E-B School of Business and
Administration, credits Preston
as the impetus for the program’s
development when he approached
President Lou Agnese
in 2007 about the need for such a
program in San Antonio.
“As our executive in residence,
Alan has significantly contributed
to our efforts by encouraging
key members of his extensive
network of healthcare executives
to follow his lead and volunteer
their time in service on our Executive
Advisory Board. Further,
he has leveraged his exceptional
leadership and communication
skills to generate excitement and
support for the program both
within the university and in San
Antonio.”
The CEO flies to New Orleans
once a month to fulfill his position
as an adjunct professor at
Tulane University’s School of
Public Health and Tropical Medicine
where he teaches statistical
research strategies to doctoral
students. He also is a guest lecturer
at St. Mary’s University and
Trinity University.
“I get to be surrounded by
some of the top-notch people in
the country,” Preston says of his
career. “Some are working in the
area of medicine and healthcare
and healthcare improvement. To
think that you get paid to rub elbows
with these individuals is the
icing on the cake. It’s a humbling
experience and exciting all at the
same time.”
For more information, call
(210) 447-9270 or visit
www.synergystresearch.net.