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ClearTrial Launches New Service to Bring Speed and Accuracy in Clinical Trial Planning Within Reach of Smaller Biopharma Companies
Date:3/1/2010

m to fully understand the study's design, objectives, and clinical assumptions, then leverages the industry intelligence and activity-based planning methodology of the ClearTrial software to generate detailed and accurate cost, resource, and timeline reports for multiple study scenarios. These scenarios enable the ClearTrial CSM and the company's team to easily perform "what-if" analyses for cutting cost, time, or both from a study. According to recent accounts by ClearTrial customers, ClearTrial costing scenarios have been proven to deliver 1–5% accuracy when benchmarked against actual study costs.

The ClearTrial Study Costing & Optimization Service also provides sponsor/CRO negotiation leverage for additional cost savings. With a comprehensive inventory of clinical assumptions backing up monthly budget estimates, and projections for unit costs, unit hours, timeline projections, cash flows and recommended resource staffing, the ClearTrial SCOS arms clinical teams with the data they need to ensure a project is getting the attention and the budget it requires.

"As the cost and timeline pressures continue to grow, organizations large and small must ensure that their clinical trial dollars are being spent as effectively as possible," stated ClearTrial CEO Mike Soenen. "We're pleased to be able to help our industry achieve this goal by introducing the ClearTrial Study Costing & Optimization Service to the market."

About ClearTrial®
ClearTrial is the leading provider of Clinical Trial Operations (CTO) software, linking clinical planning, forecasting, and tracking of operational and financial performance in a single, integrated system. ClearTrial’s award-winning software helps life sciences companies streamline their clinical operations from Plan to Payment™ without sacrificing quality of results, providing executives and functional leaders in clinical operations, resource pla
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ClearTrial Launches New Service to Bring Speed and Accuracy in Clinical Trial Planning Within Reach of Smaller Biopharma Companies
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