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Ever wonder why MedPace is crushing it while others in the clinical research space are stuck in the FSP trap? It turns out, the secret is exactly what they *don’t* do. While competitors are bogged down by Functional Service Provider work, MedPace has strategically steered clear of it entirely—and their profit margins are laughing all the way to the bank because of it. Contrast that with companies like Fortrea, who are leaning heavily into the FSP model, and the difference in business strategy co
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