New approach for Contract Negotiations in Clinical Trials
The complex business environment of the 21st century would not be possible without the existence of contract law. Simply put: contracts make doing business possible, furthermore clinical trial agreements can make the difference between a successful or a challenged clinical study.
CTA Focus wants to bring quality back to study-startup, which is why we have a team of experts in contract management with extensive experience in clinical studies and their applicable legal frame. Every contract is reviewed by the company´s internal team of attorneys, who are not outsourced to a law firm. Every contract and budget is also quality checked by a peer prior to signature, to ensure the budget aligns with the project´s Protocol.
Innovative drug development requires an innovating legal approach.
At CTA Focus, we are all about taking full advantage of new technology, we provide our clients with 24/7 online access to the up-to-date contract and budget negotiation tracking system.
Our dynamic is fluid, we align our approach to your project’s particularities and offer tailored support every step of the process. The company´s goal is to streamline the process with as much transparency as possible, in order to ensure meeting turnaround time expectations which are aligned with the clinical team.
“A contract is not about what you hope happens in a business arrangement; it’s about what you hope it does not happen”
The painstaking task of considering eventualities and contingencies requires more than just assiduousness, drafting legal agreements require a clear understanding of the underlying business involved in the arrangement, as well as the creativity to imagine possible variations and preventive measures to keep your study safe and on track. Our company guarantees significant experience in negotiating in over 57 countries throughout the world: EMEA, North America and South America, Asia Pacific region. We are a team of 21 permanent specialists and 25 languages are spoken within our company.
CTA Focus provides local language negotiation and country level budget knowledge, including both currency and custom. CTA Focus has a full template library dedicated to each country and/or region, which we tailor to each individual sponsor based on the Sponsor’s internal risk tolerance and business goals.
With its worldwide contact network, CTA Focus is the best business solution for both pharmaceutical companies and CROs facing challenges like inefficient and expensive contract negotiation services; long-lasting negotiations with clinical sites putting studies at risk, high costs of employing payroll contracts specialists or support with European site agreement negotiations.
CTA Focus is the answer to all these by offering:
- the most competitive offer on the clinical trial market, with a unique billing system,
- the shortest negotiation turnaround times, – new technologies facilitating the negotiations status reporting process (inter alia unique and tailor-made contract and budget tracking system),
- general and country-specific bilingual contract templates and contract-related negotiation guidelines;
- local language direct negotiators that have built great relations with sites and investigators
“Clinical trial is about deadlines-keeping them is CTA Focus’s priority. Innovative approach combined with new technologies and vast experience in clinical trial agreement negotiations is our main advantage. The company’s business model is based on an international team of experienced local legal negotiators, which allows us to execute agreements all over the world in local languages and in accordance with each country’s specific requirements” said Elisa Toma founder and CEO at CTA Focus.
You can contact Elisa Toma at elisa.toma@ctafocus.com / Phone: + 40 724-213-909
Our North American Business Developer Manager, Iuliana Padureanu-Albandoz can be reached at: iuliana.padureanu@ctafocus.com / Phone +1 787-246-4516
Please visit us online at www.ctafocus.com, or check us out on Facebook and Linkedin: Clinical Trials Agreements Focus/ CTA Focus.
Let us journey alongside you while providing you with creative and on point contractual terms and budget negotiation to successfully assist you in your Clinical Trials current or future endeavors.