Q&A with Mark Ware, Executive Vice President, Head of Inceptua Clinical Trial Supply

This year, Inceptua can celebrate its 25th anniversary. We asked Mark Ware, EVP and Head of Inceptua Clinical Trial Supply, to answer 4 quick questions on Inceptua's role as a comparator sourcing partner for the pharmaceutical industry, how the needs have developed, and the impact on patients' lives

  • How is Inceptua positioned to help pharma in new drug development?

    When Pharma companies develop new medicines they need to compare them, wherever possible, with the best available treatment for the indication being studied. Large populations need to receive batches of study medication and comparators, labelled and randomised as needed, at sites all over the world to meet the needs of patients and study timelines. Issues and delays can have dire consequences for patients and financial impacts for the Pharma companies hoping to get their innovative medicines to market. So our primary role above all else as a comparator sourcing partner is to make sure that these medicines come from reliable sources and that there is assurance of supply throughout the study. We work closely with our Pharma partners to explore available options in new drug development and help them make informed choices for supply, factoring in supply chain robustness, the shelf life and the lead time of products for example, always with an eye on the overall study budget.

  • How has Inceptua adapted to the changing needs of the industry when providing clinical trial comparators?

    As a comparator sourcing partner, we are very active in China, where the regulations and operating environment has challenges that our clients need our help to overcome. Being successful in this is very much a two-way street, requiring close collaboration and a good core relationship. Not only do we have the technical know-how, but we also have the necessary language skills inside and outside of China which makes bridging operations more efficient. More broadly, changes in the industry are not always linear, they can ebb and flow, so as a company we need to be agile. For example, we have operations in the UK and in the EU so we are able to roll with the punches that Brexit has thrown, we are able to source and provide packaging and labelling services locally in over 50 countries so central sourcing challenges can be mitigated, and we are able to provide just in time solutions for studies that require a rapid response.  

  • What impact does Inceptua CTS have on patients and their lives?

    At first glance the impact we have in the Clinical Trial space seems less direct than in the case of our other Business Units; the provision of medicine for compassionate use for example. The reality is that if Inceptua doesn’t get medicine where it is needed, when it is needed patients could be left without essential medicines even in the context of a clinical trial. The broader impact of this is that clinical trials themselves are essential for proving that innovative medicines are not just safe and efficacious, but also present increasingly improved treatment options for patients.

  • What do the company values (Patients first, Business focus, Integrity and Collaborative Mindset) mean in the daily work of CTS (how are they reflected in the way we operate)?

    They are all interlinked to a certain extent. Everyone knows their role, but we will always help each other out when needed and we focus our attention on business priorities each day. Sometimes we have to make decisions that are in the best interests of the patient, rather than being the best for our business, and that will always be the case. There is nobody in the Clinical Trial Supply team that would not act with the highest of integrity, which is no less than we would expect of each other.

Mark Ware is heading the Clinical Trial Supply service business unit in Inceptua Group. Mark has over 20 years of experience in clinical trial supplies, clinical services, pre-approval access, and business development, and leads our global Clinical Trial Supply team.
Connect with Mark to learn more and stay in touch

Mark Ware is on LinkedIn

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BIO

CEO and Board Member

Stefan Fraenkel

Stefan Fraenkel is the CEO of the Inceptua Group and is also on the Inceptua Board. He has extensive experience in the pharmaceutical industry. Before joining Inceptua, he held senior management positions at Sobi (Swedish Orphan Biovitrum), Sweden’s largest publicly listed specialty pharmaceutical company, leading Marketing & Sales and serving as Head of Corporate Development and Strategy.

Previously, Stefan worked at Pfizer and Wyeth in international commercial leadership roles across Europe and the USA, gaining deep insights into global pharmaceutical markets and strategies. Stefan has also spent part of his career in management consulting. Stefan holds a PhD in International Economics, an MBA, and a BSc in Engineering.

BIO

Member of the Board

Chris Hasslinger

Chris Hasslinger is a Partner of Vesey Street Capital Partners and serves as a member of the Firm’s Investment Committee. He joined VSCP in 2023 and is responsible for sourcing and evaluating new investment opportunities and general portfolio company management. Mr. Hasslinger has nearly three decades of experience in healthcare and technology strategy and deal-making within the industry as well as in investment banking and private equity. He has extensive M&A experience, having closed over $20 billion in transaction value, and has established and structured a number of large commercial partnerships.

BIO

Executive Vice Chairman

Alan Raffensperger

Alan Raffensperger has a robust leadership background in the pharmaceutical industry, having served as CEO of Inceptua and COO of Sobi (Swedish Orphan Biovitrum), along with significant international executive roles at Amgen, Roche, and Pharmacia.

He has also been CEO for venture capital-owned medical device companies, showcasing his versatility in healthcare leadership. Alan’s early career as an advanced life support paramedic provided a strong foundation in emergency healthcare.

He holds an MBA and a BA in Emergency Health Care Management.

BIO

Member of the Board

Blake Goodner

Blake Goodner is a founder member of the investment firm Bridger Capital. He previously worked as a healthcare analyst at Tiger Management and a healthcare investment banker at Morgan Stanley. He currently serves as an advisor and board member for a range of healthcare companies. Mr. Goodner has been a member of the Trinity College Board of Visitors and the Duke Annual Fund Executive Committee. He is a current advisory board member with The Duke Margolis-Center for Health Policy.

BIO

Member of the Board

Adam Feinstein

Adam Feinstein is the Managing Partner of Vesey Street Capital Partners. Mr. Feinstein has 30 years of investment experience exclusively in the healthcare services sector. Prior to founding Vesey Street Capital Partners in 2014, he was a Managing Director on Wall Street and a healthcare industry executive. He held the position of Senior Vice President of Corporate Development, Strategic Investments, and Office of the Chief Executive Officer at LabCorp. Before his tenure at LabCorp, he spent 14 years as the Managing Director in Equity Research at Lehman Brothers/Barclays Capital. Mr. Feinstein is the Chairman of VSCP’s investment committee. He is also actively involved in working with portfolio company executives and sourcing new investment opportunities. At the same time, he oversees all of the firm’s investment activities and employees.

BIO

Member of the Board

Larry Marsh

Larry is a General Partner of Vesey Street Capital Partners and serves as a member of the Firm’s Investment Committee. He joined VSCP in 2016, and currently sits on the Board of QualityMetric, Safecor Health, and HRGi. He is responsible for portfolio company management and for evaluating new investment opportunities. Prior to VSCP, Larry was EVP, New Market Development & Chief Strategy Officer at Fortune 10 AmerisourceBergen. Prior to that, Larry was the #1 ranked Healthcare Technology & Distribution analyst on Wall Street for over a decade, at Barclays, Lehman Brothers, Salomon Smith Barney, and Wheat First Butcher & Singer. Larry worked with Adam, Bryan, Dan, and Joe at Barclays and Lehman. Larry received a B.S. in Economics & Management as well as an M.B.A. from the University of Richmond, and an M.P.H. from Columbia University.

BIO

Member of the Board

Heyward Donigan

Heyward Donigan is a seasoned healthcare CEO, Board Member, and Private Equity Advisor with broad industry experience and a track record of profitable growth. From 2019 to 2023, Ms. Donigan served as Rite Aid’s president and chief executive officer, making her one of the few women CEOs of a Fortune 500 company. While at Rite Aid, Ms. Donigan led the company to through a major brand, merchandise and technology transformation, debt reduction/refinancing, while also leading the company through a pandemic. Ms.Donigan is currently a strategic advisor to Vesey Street Capital Partners, Arima Health, and a board member of OnMed.

BIO

Executive Chairman

Doug Cook

Doug Cook is the Executive Chairman at Inceptua. Mr. Cook began his career driving the early success of Livingston Healthcare, leading to the purchase by UPS to become what is today UPS’s Global Healthcare business. After Livingston Healthcare, Mr. Cook moved to AmerisourceBergen (now called Cencora/COR) in 1998 and had an impressive career overseeing most of Cencora’s high growth, manufacturer-facing business. Mr. Cook ultimately served as the Executive Vice President, President Commercialization and Animal Health for COR.

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