2
Hours of Effort
to create the study budget and scenarios in Clinical Maestro
4
Scenarios Built
Ranged from $2.8M to $3.1M depending on complexity and service assumptions
+3.8%
Variance
between Awarded CRO budget and Clinical Maestro calculated budget
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 non-competitively sourced study in an excel file. No protocol or study design was provided. The study was modeled as medium complexity using Clinical Maestro's PORTFOLIO application for planning and budgeting.
Study description
- Phase 2
- Therapy Area: CNS
- Indication: Treatment-Resistant Depression
- US only
- 12 Sites
- 138 Patients Screened
- 90 Patients Enrolled
- 81 Patients Completed
Results
With limited context provided by the Sponsor (no protocol, bid grid, tasks and responsibilities), the study budget built using Clinical Maestro was calculated to be $3,115,478 in direct fees. This presents a 3.8% variance from the awarded budget (Top Tier CRO).
Conclusions
Clinical Maestro's budget simulation tool predicted the study cost range with near 100% accuracy.
The reliability of benchmarking and ease of use makes Clinical Maestro an ideal tool for efficient modelling of mid-complexity studies and strategic management of non- competitive bidding.
Enjoying this release?
In this case study
Strengthen your processes and increase data-driven decision-making for faster study start-ups.
Enjoying this release?
RESOURCES
Explore Expert Insights and Resources for Clinical Excellence
Webinars
Leading biopharmaceutical sponsors trust PORTFOLIO for pipeline planning and budgeting with superior results and reported more than 10x Return on Investment.
Read more
Blogs
Effective vendor governance is essential to ensure operational success, cost efficiency, and regulatory compliance.
Read more
Case Studies
Read more
DEMO
Request a demo
Discover how Strategikon’s advanced solutions can streamline your clinical trial operations. Request a personalized demo to explore how our tools transform budgeting, vendor management, and outsourcing efficiency for pharma and biotech.
