TORONTO, ON--(Marketwired - July 26, 2016) - During a live presentation, Jay Trepanier, Senior Vice President and General Manager of Bioclinica Financial Lifecycle Solutions, and James Sacchetta, Manager of Technical Operations at Premier Research, will examine the consequences of poor forecasting, difficulties of reforecasting and manual systems, and complexities that make forecasting so challenging. The discussion will also include how technology that is purpose-built for clinical trials can help CROs and sponsors forecast more effectively and accurately.
With globalization, large numbers of sites, recent regulatory requirements and an increasing number of CROs and vendors, clinical trials are constantly becoming more complex. Given that clinical trial costs are one of the biggest expense categories for biopharmaceutical companies-the average cost of bringing a drug to market in the US is estimated to be $1.3-1.7 billion-it's critical that CROs and Sponsors forecast accurately.
However, manual processes have made forecasting of clinical trials challenging, leading to difficulties in reforecasting and cash management (and as a result, difficulties in maintaining site satisfaction) as well as hefty fines.
The webinar takes place on Wednesday, August 3, 2016 at 11am EDT (4pm BST/UK). To learn more or to register for this complimentary event, visit: Clinical Trial Forecasting: Managing the Challenges and Avoiding the Fines
Xtalks, powered by Honeycomb Worldwide Inc., is a leading provider of educational webinars to the global Life Sciences community. Every year thousands of industry practitioners (from pharmaceutical & biotech companies, private & academic research institutions, healthcare centers, etc.) turn to Xtalks for access to quality content. Xtalks helps Life Science professionals stay current with industry developments, trends and regulations. Xtalks webinars also provide perspectives on key issues from top industry thought leaders and service providers.
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