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Clinical Trial Budget Considerations

Generally, industry sponsors are concerned with the total cost of conducting a project rather than the classification of costs.  As a consequence, the structure of most clinical trial budgets differs from that of grant proposal budgets.  Sponsor-provided budget templates are typically separated into up front costs, per patient costs, and items to be invoiced on an as needed basis.  Other budget issues for considerations are listed below:

Departmental Administrative Expenses

When preparing and negotiating the budget for an industry sponsored clinical trial (not investigator-initiated), be sure to cover all costs associated with conducting the trial.  Due to the unique administrative nature of clinical trials and the reduced facilities and administrative rate currently being applied to clinical trials, charging administrative expenses is required and may be recovered as a direct charge and/or by assessment of an administrative fee.

Patient Care Costs and Coverage Analysis

To obtain a coverage analysis and current research rates for patient care costs, including Pharmacy services, see Clinical Research Finance Assessment (CRFA)

Research Services

The Institute for Clinical Translational Science (ICTS) offers a variety of services to support clinical and translational studies.  For more information, see Institute for Clinical and Translational Science services.

IRB Fees

The Institutional Review Board (IRB) charges fees for the review of clinical trials from for-profit sponsors.  For a current listing of fees, please see the IRB Fees sheet.

Facilities & Administration Fees

Be sure to use the appropriate F&A rate for your study.  Further details and information is available at Facilities & Administration Fees and FAQ's about applying F&A for clinical trials.

Travel

Costs for travel to Investigator's Meetings or other study-related meetings may be managed in a variety of ways.  Be sure to clarify how such costs should be incorporated into your study budget, if appropriate.  See Special Travel Considerations for Trials for more information.

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