ClearTrial to Demonstrate How a Top 20 Sponsor Achieved -1 Percent Cost Variance Across Their $130M Clinical Portfolio at Major Industry Conference

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ClearTrial software brings dramatic efficiency gains to clinical operations and outsourcing for biopharmaceutical and medical device companies.

The company used the ClearTrial software, with its embedded industry intelligence and activity-based costing architecture, to generate independent cost, resource, and timeline forecasts -- achieving better cost control and adding speed and accuracy to clinical operations and outsourcing.

ClearTrial (http://www.cleartrial.com), the leading provider of Clinical Trial Operations (CTO) software, today announced that it will be demonstrating the software's capabilities to drive greater efficiency in clinical operations and outsourcing to an audience of more than 1,800 industry professionals at the 19th Annual Partnerships in Clinical Trials conference. The event attracts clinical operations, outsourcing, project management and business development executives from trial sponsors and Clinical Research Organizations (CROs), who come together to further their industry partnerships and to share ideas on maximizing the return on investment for every clinical research dollar spent.

"Conference attendees will see firsthand how ClearTrial software delivers efficiency gains such as the -1% cost variance on a $130 million clinical trial portfolio achieved by one Top 20 sponsor," noted ClearTrial CEO Mike Soenen. "The company used the ClearTrial software, with its embedded industry intelligence and activity-based costing architecture, to generate independent cost, resource, and timeline forecasts -- achieving better cost control and adding speed and accuracy to clinical operations and outsourcing."

During the conference, attendees can also learn how companies are leveraging ClearTrial software to gain the benefits of:

  • Strategic collaboration
  • Streamlined negotiations and contract closure
  • Fast, easy creation of detailed RFPs
  • Reduction in change orders and quick reforecasting
  • Fast and accurate cost accruals
  • Improved project status tracking
  • Cash-neutral payment schedules

At ClearTrial booth #543, scheduled demos of the ClearTrial software will take place at the following dates and times:

Monday, April 12
5:30 p.m. (during the Grand Opening Reception)

Tuesday, April 13
11:00 a.m.
1:00 p.m.
3:30 p.m.

Wednesday, April 14
10:30 a.m.
1:30 p.m.

The Partnerships in Clinical Trials 2010 event will be held at the Orlando World Center Marriott Resort in Orlando, Florida on April 12-14. For more information and to register for the conference, visit http://www.iirusa.com/cropartners/welcome-to-CROs.xml.

About ClearTrial®
ClearTrial is a leading provider of clinical trial software for clinical operations planning, budgeting, and outsourcing. ClearTrial’s award-winning software helps pharmaceutical, biotechnology, medical device companies, and CROs expedite the clinical development process without sacrificing quality of results. The company’s software products support clinical operations, resource planning, and outsourcing departments with a single solution that promotes speed and consistency, while maintaining flexibility to handle different study requirements. For more information please visit http://www.cleartrial.com.

ClearTrial® and the ClearTrial logo are registered trademarks owned by ClearTrial, LLC, which may be registered in certain jurisdictions. Any other company or product names mentioned in this release are hereby acknowledged as registered trademarks or trademarks of their respective owners.

For more information contact:
Mike Lange
ClearTrial
+1 630.986.9800 x112

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Mike Lange
ClearTrial
+1 630 320 5312
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