TrialValue App PRO is a service platform and decision support tool for valuing clinical development projects. We do this by using the TrialValue App application to estimate costs and benchmark budgets.
It’s an expert based cost estimation model that uses relationships between budget components and it factors in the overall project complexity in order to calculate a preliminary budget or provide guidance on the optimal budget range. Using key project inputs and assumptions, such as per patient cost, and it can help you work out a cost efficient program budget which in turn improves productivity.
The platform can help clinical research and development teams to:
- Improve study planning by estimating the cost of different feasibility scenarios
- Facilitate budget discussion with sites, CROs, providers
- Optimize protocol design by reducing study complexity
- A chieve financial objectives and strengthens the due diligence process