The Value Of Specialized Expertise For Efficient Management Of Clinical Supply Budgets

By Christin Lau, Financial Project Analyst, Catalent

A financial project analyst (FPA) plays a critical role in clinical trial supply and budget management. In this Q&A, Christin Lau, financial project analyst at Catalent, discusses how sponsors can benefit from having this specialist on their supply partner's team.

There are variable elements within any clinical trial and risks that may impact a study’s chances of success. An FPA assesses these factors and their potential impact on the program. By understanding the expectations and requirements of the trial, the FPA creates a forecast, assesses different scenarios, and creates a budget to help control costs, including highlighting the root causes of cost variation throughout the trial to the final closeout.