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Budget Development & Negotiation


 

The CTC offers assistance in budget development and negotiation.  The goal is to develop a budget that sufficiently meets the financial needs of performing the clinical trial.

Budget development involves accurately indentifying the cost of the research items required for the study and assigning financial responsibility to each item.

Once an appropriate budget is determined, the CTC staff will negotiate with the sponsor. An accurately developed budget not only substantiates associated costs, but also justifies the negotiation with the sponsor.

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