Convex prepares a preliminary and, upon further information from the Sponsor, a detailed Study budget for the conducting of a clinical trial, taking into consideration the most reasonable costs.
The key components of a Study budget, that we generally assist the client with, are the following:
- Regulatory activities fees
- Document management fees
- Investigator remuneration fees
- Study initiation fees
- Monitoring activities fees
- Study close-out fees
- Project management fees
- Medical monitoring fees
- Operating costs
- Additional costs (medical institution fees, local laboratory costs, destruction of study drugs costs, insurance policy for the medical staff, courier services, etc.)