BUDGET NEGOTIATION

Ensuring your trials are adequately funded is critical, as inadequate budgets can quickly jeopardize a site’s long term sustainability. However, clinical trial sites face several disadvantages when attempting to develop and negotiate study budgets with Sponsors: 

  • Study Coordinators and Research Nurses are often not trained in budget development and negotiation 
  • Sites are often asked to finalise budgets with inadequate information 
  • Budget negotiations take time and effort and patient management or other trial issues often get priority

Clinitrials solves these problems by properly assessing the full protocol implementation cost and carrying out the necessary negotiations with the Sponsor to ensure an appropriate budget is developed for your site. We make sure that the budget you get truly covers the costs you will incur in conducting your trial.

If you are interested in finding out more about budget negotiations and how Clinitrials can help you, please contact us.