Investigator Grant Payments
INVESTIGATOR GRANT PAYMENTS ARTICLES
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What The Heck Are Financial Accruals? A Guide To Understanding The Mysterious Finance Brain
Clinical finance consultant Chris Chan helps clinical professionals understand financial accruals concepts and interpret requests from finance colleagues.
INVESTIGATOR GRANT PAYMENTS WHITE PAPERS AND CASE STUDIES
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Global Pharmaceutical Leader Achieves Simplified End User Experience
Unearth how a European pharmaceutical company was able to power its next-generation clinical research data repository and analytics platform.
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Examining A Phase 1 COVID-19 Clinical Trial
Uncover how we were able to efficiently activate the site and enroll 130 participants within six months, demonstrating our expertise in clinical trial management.
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Safer And Faster Conjugation And Purification Of ADCs At 1-20 L Scale
Explore data demonstrating the successful engineering of a single-use tangential flow filtration system designed to meet the specific requirements of ADC processes.
INVESTIGATOR GRANT PAYMENTS NEWS
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Yokogawa Co-Awarded DARPA Project To Advance Oceanic Energy Harvesting1/8/2025
Yokogawa Corporation of America, a provider of advanced solutions in the areas of measurement, control, and information, is pleased to announce that a collaborative team including Yokogawa has been awarded a research project by the Defense Advanced Research Projects Agency (DARPA) to develop and test a biologically fueled energy source to power research and sensing devices throughout the world’s oceans.
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New Hydrogen-Rich Compounds Emerge From Study Probing Unexplored Combination Of 3 Chemical Elements For Superconductivity1/17/2024
Skoltech researchers and their colleagues from MIPT and China’s Center for High Pressure Science and Technology Advanced Research have computationally explored the stability of the bizarre compounds of hydrogen, lanthanum, and magnesium that exist at very high pressures.
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TDEC Accepting Applications For Solid Waste Management Grants2/28/2024
The Tennessee Department of Environment and Conservation (TDEC) is accepting applications for the first round of recycling and solid waste reduction grants this year for communities and other eligible entities across the state.
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Texas Parks And Wildlife Commission Awards $30.9M In Local Park Grants1/24/2025
The competitive grants are allocated to local government entities on a 50/50 reimbursement match basis. Once funded, the sites must remain parkland in perpetuity, properly maintained and open to the public.
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QUT's Seven New ARC Linkage Projects Focus On Opportunities For Australia6/27/2024
QUT is celebrating the awarding of $3.2M in ARC Linkage Projects grants to seven projects.
ABOUT
Investigator Grant Payments
In the clinical trials industry, there is usually the pressure of making profits while maintaining regulatory compliance. In order to maximize on their research and development spending, pharmaceutical companies are reducing clinical trial cycle times.
However, there are an increasing number of clinical trials, with more complex protocols and more stringent regulatory requirements. Despite all these, many sponsors issue late payments to investigative sites, and many of these sites are struggling to maintain financial viability.
If the sponsors want to maintain strong, effective investigative sites, they need to build strong relationships with them. This involves coming up with a more effective approach to investigator grant payments. This will not only improve investigator relationships and satisfaction, it will help sponsors to accelerate cycle times and reduce the costs of clinical trials.
First, there is a need to understand that accounts payable in the clinical trials industry are very complex. Investigator grant payments are driven by the terms of the clinical trial agreement. These agreements are highly complex documents with various variables that can impact on the grant payment.
There is also a need for better management of investigator grant payments through the right personnel. Apart from having a background in finance and accounting, those in charge ought to have some experience in financial management of clinical trials.
Such a person would understand the standard process for a clinical trial, from screening to treatment of patients. He or she should be able to read and understand how the clinical study is progressing against the clinical trial agreement.