Accurately Forecasting and Budgeting Adaptive Clinical Trials

ClearTrial, a provider of software for clinical trial, will address the rapidly growing use of adaptive trial design in clinical development, focusing on helping life sciences companies address the challenges this approach poses for accurate forecasting, budgeting, and operational planning.

While promising significant benefits such as better safety and efficacy data and faster drug development with lower costs, adaptive clinical trials place a far greater burden on planning and initial trial design. Adaptive trials are challenging to forecast and budget since planners must create multiple and varied trial scenarios accounting for shifting resource allocations, timelines, treatment arms, and more. In addition, adaptive trials place a greater burden than traditional trials on certain areas such as biostatistics, data management, and project management.

Attendees of this session will discover:
-Common design principles of adaptive trials and their operational impact
-Practical guidelines for accurately forecasting and budgeting adaptive trials
-The importance of activity-based planning to successful adaptive trial forecasting and budgeting
-Critical operational success factors for initial adaptive trial design

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