samedan logo
 
 
spacer
home > ict > summer 2007 > building consensus
PUBLICATIONS
International Clinical Trials

Building Consensus

Henry Yau at the Clinical Trials Centre, Hong Kong, rethinks the clinical trial agreement management process

Management of clinical trial agreements/contracts (CTAs) for industry-sponsored clinical trials between sponsors and study sites has been deemed a major rate-determining step for the initiation of clinical trials. Study sites are commonly blamed by the industry for their unfamiliarity with legal parlance, incomplete knowledge of legal and regulatory requirements and requests for specific arrangements that deviate from sponsors’ standard contract terms and conditions.

Sponsors, on the other hand, are condemned by study sites for using tricky and difficult-to-understand legal jargon that is biased towards sponsors and unfair to study sites. Within a sponsor's organisation, project teams frequently accuse their legal departments of wasting time on debating meaningless legalese. Legal counsels used to complain to project teams about their overlooking potential legal risks. Such conflicting views among different parties has resulted in fewer industry players attempting to look into the issue from a broader perspective and propose holistic solutions – hence the problem persists.

CTA MANAGEMENT PROCESS

Contracts are normally seen as specifically legal documents. Drafting, negotiating and managing CTAs are, therefore, commonly regarded by many sponsors, contract research organisations (CROs) and study sites as purely legal matters and the sole responsibility of legal counsels. This, however, reflects the incomplete understanding of the functions of contracts. Whilst contracts are intended to be legally binding, the primary purpose of any contract is not to take the contract parties to court, but to set out the rights and responsibilities of those parties and, ultimately, to facilitate the accomplishment of the goals of the parties under the contract. Management of CTAs is a multi-disciplinary process involving four interlocking components (see Figure 1).


Read full article >>

Rate this article You must be a member of the site to make a vote.  
Average rating:
4
     

There are no comments in regards to this article.

spacer
Henry Yau has a BSc in Biochemistry and a MBA in Finance. He has 14 years’ experience in the pharmaceutical and petrochemical industries. He started his career in the pharmaceutical industry with a marketing and regulatory position in Rhone-Poulenc, and subsequently assumed a business development position in a petrochemical group. Since 2000, Henry has worked at the Clinical Trials Centre of The University of Hong Kong. Henry is currently the Assistant Director and Business Development Manager of the Clinical Trials Centre, Hong Kong, and is principally responsible for managing its strategic business development functions.
spacer
Henry Yau
spacer
spacer
Print this page
Send to a friend
Privacy statement

Industry Events

Exploratory Clinical Development World Americas 2008

23-25 September 2008, Philadelphia Marriott Downtown, 1201 Market Street, Philadelphia, Pennsylvania, 19107 USA

Following on from the huge success of the Exploratory Clinical Development World Europe, the Americas congress will give you a critical insight into the latest strategies on how the industry is addressing and elevating the current challenges in early clinical development.
More info >>

 
News and Press Releases

“PACK DIFFERENT” with EMBALLAGE 2008

“Business, Innovation, Outlook” are the watchwords for the 38th World Packaging Exhibition which opens in Paris from 17 to 21 November 2008. Fifteen months before the key packaging event of the end of 2008, EMBALLAGE displays its differences to offer you a new edition that is even more representative, international and rich in new features.
More info >>

 

©2000-2007 Samedan Ltd.
About Us | Register | Login | Site Map | Terms and Conditions | Contact Us |
Add to favourites

Print this page

Send to a friend
Privacy statement