The estimated cost of running a clinical trial in the United States ranges from $20 million for a Phase I trial, to $100 million for a Phase III trial. Each year, sponsors
invest millions of dollars to improve the efficiency and reduce the costs
associated with running trials. Factors such as globalization, specialization
and outsourcing are changing the way clinical trials are conducted. These
changes in the business landscape place even more stress on legacy processes,
many of them manual and paper-based, as the inability to scale is quickly
exposed.
NextDocs collaborative solution for clinical trials, winner of the 2011 Bio-IT World Best of Show Award, helps our clients transform their operations by streamlining processes,
automating information exchange, and reducing administrative overhead
associated with running clinical trials. Our clinical solution allows clinical
teams to work together in an effective and efficient manner by keeping trial
personnel connected, informed and on task – providing access to everyone at any
time, from anywhere.
The NextDocs Clinical Document Management Solution comprises of two main components – The Clinical Trial Investigator Portal and Electronic Trial Master File.