Clinical trials are often the single largest expense for early stage Life Science companies. If your company is not managing these expenses to the best of its ability, there’s a risk of running out of funding for existing trials or not being able to fund important new trials. While companies often think they are being economical by using Excel spreadsheets and keeping a hoard of accountants busy till midnight, this approach is often less efficient than investing in the right set of tools to plan, capture and track Clinical Trial Expenses. In fact, with today’s availability of cloud-based solutions, it is really no longer a large up-front investment as much as it is a monthly subscription cost. Continue reading “New Tools to Improve the Way We Manage Clinical Trial Expenses”
Fran is the Sr. Director for the Life Sciences practice at Apps Associates. Fran is a Certified Public Accountant (CPA) and specializes in identifying business-focused solutions to drive growth, improve efficiency and achieve compliance goals. Currently, Fran is focused on Business Intelligence and Big Data Analytics initiatives. Prior to joining Apps Associates, Fran held senior management positions at Schering Plough Pharmaceuticals and Revlon Cosmetics. Fran is a long-time member and current Board VP of the Society for Information Management (SIM) – New Jersey Chapter.