FSP (Functional Service Provider) is a model used in the pharmaceutical industry for outsourcing various functions or services to specialized service providers. FSP model has gained popularity in recent years as it provides a flexible and cost-effective way for pharmaceutical companies to outsource specific tasks or services.The FSP model is a collaborative approach between the pharmaceutical company and the service provider MARS, where both parties work together to achieve the desired outcome.
In the pharma outsourcing industry, FSP models are used for a variety of functions, including Statistical Programming, Data management, Pharmacovigilance, Medical writing, Regulatory affairs and other support services. The FSP model has become increasingly popular due to its ability to provide flexible and tailored services to meet the specific needs of pharmaceutical companies.
Within FSP we have 2 operating models:
