3
Hours of Effort
to create the study budget and scenarios in Clinical Maestro
4
Scenarios Built
Ranged from $34.9M to $43.1M depending on complexity and service assumptions
-1.9%
Variance
between Awarded CRO budget and Clinical Maestro™ calculated budget in Original scenario.
-12%
Variance
between Awarded CRO budget and Clinical Maestro calculated budge

In this case study
Strengthen your processes and increase data-driven decision-making for faster study start-ups.
Strengthen your processes and increase data-driven decision-making for faster study start-ups.
The Sponsor provided key assumptions from a recently outsourced study in an excel file. No protocol or study design was provided. The study was modeled as high complexity using Clinical Maestro's PORTFOLIO application for planning and budgeting. A preferred discount rate of 10% was applied.
Study description
- Phase 2/3
- Therapy Area: Oncology
- Indication: Relapsed and/or Refractory Multiple Myeloma (RRMM)
- 19 Countries (NA, EU, APAC, Japan)
- 113 Sites
- 600 Patients Screened
- 300 Patients Enrolled
- 240 Patients Completed
Results
With limited context provided by the Sponsor (no protocol, bid grid, tasks or responsibilities), the study budget built using Clinical Maestro was calculated to be $43,043,261 in direct fees. This presents a -12% variance from the awarded budget (Top Tier CRO).
Conclusions
Clinical Maestro is a reliable tool for modelling large, high complexity studies.
Study scenarios built in Clinical Maestro can be effectively leveraged during budgeting, long- range planning, and CRO bid negotiations to optimize direct costs, plan possible operations scenarios, and increase efficiency of the overall outsourcing process.
In this case study
Strengthen your processes and increase data-driven decision-making for faster study start-ups.
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