SUO Clinical Trials Consortium Funding
SUO-CTC Funding
GENERAL FUNDING OVERVIEW
The SUO-CTC directs revenues generated from Sponsor Agreements to fund the collective academic, research, corporate and administrative objectives of the Consortium. In return the SUO-CTC offers a variety of value-added services which are of shared benefit to the uro-oncology community, pharmaceutical industry both locally and abroad.
CORPORATE AGREEMENTS
After a project or clinical trial has successfully undergone SUO-CTC Expedited Review, a corporate agreement is reached between the SUO-CTC and the sponsor to move forward with the project or clinical trial. The SUO-CTC then executes a performance based corporate agreement with the sponsor.
There are 3 basic components to this agreement:
Project Management Fee - A flat rate project management fee to cover the administrative costs incurred throughout the duration of the project or study
Performance Based Accrual (PBA) Charge – In addition to the project management fee, the Sponsor is required to pay the SUO-CTC a specified amount for every patient entering the project or clinical trial across all SUO participating sites. The full cash value of the agreement is calculated by multiplying the number of subjects enrolled in a given study by a percentage of the per-case funding. An estimate of the PBA charge is pre-determined between the Sponsor and the Consortium, and adjusted accordingly over the progression of the study.
Request for Unrestricted Grant – At times it may be more appropriate to receive an unrestricted educational grant in place of a Performance Based Accrual Charge.
INDUSTRY PROJECTS
SUO-CTC industry supported projects will be paid to the Consortium and/or will be paid directly to the investigators, institutions and/or members when appropriate. Examples are as follows:
- Investigator Agreements – Paid Directly to investigators
- SUO-CTC Corporate Agreements – Paid directly to SUO-CTC
- Expedited Review Charges – pass through costs reimbursed by Sponsor
- Consultancy Fees – paid to SUO-CTC and members who have met obligations
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