Clinical Trial Financial Management Summit – Clinical Trial Financial Management Summit

Financial planning is one of the most important parts of a clinical trial. When forecasting budgets, issues can arise in the shape of unplanned expenditures, roadblocks and bottlenecks, just to name a few. It is critical to have the necessary tools in order to effectively plan for all the different scenarios that can happen. There are many causes for high variance, such as outsourcing costs, delays, complexity of trials, unexpected events and globalization. The Clinical Trial Financial Management Summit will help in reducing variance, and cutting unnecessary cost whenever possible.

These are all problems that can be curtailed through the careful planning and forecasting of a clinical trial, and continuous oversight to ensure that everything stays on track. Due to the rapidly changing nature of clinical trials, forecasters may not be able to use historical data to accurately predict expenses for future clinical trials. This summit will help industry professionals plan their trials accurately and efficiently, and enable them to carry data over into the future in order to continuously plan effectively.

Conference Chair


JoAnn Pfeiffer, DrSC, RAC, CCRA
Director, Clinical Research Management Program

Featured Speakers

New Session: Assessing Cost vs. Time Trade-off to Optimize Country Allocation in Clinical

  • Analyze operational and financial trial data to calculate country-level cost metrics by therapy area
  • Develop a novel approach to estimate a relative cost index for each country
  • Utilize cost index figures within a recruitment model to estimate trial costs and timelines
  • Visualize cost vs. time trade-offs of alternative country allocation scenarios

Top Five Reasons to Attend

  1. Reduce variance through the use of past information to accurately predict future budgets
  2. Determine the best partners to outsource to during trials in order to decrease superfluous spending on vendors
  3. Compensate for the ever-increasing complexity of trials and the trend toward adaptive trial design
  4. Acquire the necessary tools to start planning for a trial early enough to eliminate timeline issues and bottlenecks
  5. Pinpoint best practices for a strong cash flow management plan that extends into a long-term strategy

Who Should Attend

This conference is specifically designed for pharma, biotech and medical device professionals responsible for:

  • Clinical Finance
  • Clinical Strategic Planning
  • Budget Management
  • Contracting
  • Outsourcing
  • Trial Management
  • Clinical Program Management
  • Clinical Operations
  • Clinical Research
  • Protocol Management
  • Study Management
  • Clinical Project Management

This conference is also of interest to:

  • Clinical Trial Forecasting and Financial Service Providers
  • Clinical Research Organizations
  • Consultants
  • Vendor Management Service Providers