Clinical trials require time and expertise; so they inevitably require some level of support.

  • How much time can you spend on your clinical trial?
  • How can you fund this time?
  • What are the resources required?
  • How much will it cost to conduct the clinical trial?

Commercial clinical trials of novel drugs cost millions of dollars, but some clinical trials can be inexpensive.

  • Establishing an accurate budget for your clinical trial will ensure all study protocol requirements are identified and costed. The cost of study activities that are already standard of care (i.e. in-kind support) should be included in the budget as these will inform the affordability of your intervention when implemented in practice.
  • You will need to identify the resources and cost each of the study protocol requirements to conduct your trial e.g. clinical staff time, nursing time, bedstay, shipping, storage, tests and investigations, any overhead margin and in-kind support.
  • A carefully prepared budget will also help you to prepare funding applications and adhere to submission guidelines. Consult with relevant supporting departments (e.g. Radiology or Pathology) to:
    • check if services can be provided and if there are any requirements for service agreements
    • ensure there are no competing interests
    • identify where costs may be incurred
  • Remunerating or otherwise acknowledging consumers who undertake consumer involvement activities is considered international good practice and should be considered in your budget preparations. The NHMRC recommend that institutions should have strategies to support, implement and acknowledge consumer and community involvement.
  • It is important to check with the relevant Business Manager and/or Research Office that you have accurately captured the costs for running the trial including any cost associated with the regulatory requirements of study start up.

Who can help?

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