In this video, Chris Sauber and I discuss what brand new clinical research centers can make on their first 2 studies. Please understand that every study is unique and these are just ballpark estimates.
In today's video, I interviewed a research clinic owner in Louisville, KY who approached my consulting firm about starting up his own research clinic. Six moths later, his site was profitable with numerous clinical trials ongoing. In this interview we discuss the startup process and what new research clinic owners can expect.
In the clinical research industry, it is quite easy to get lost in the details of what we are actually doing. For new entrants into the field, I have already created a 2 hour crash course of what clinical research entails, however I realize many of you are still having a hard time understanding the bigger picture in this line of work. In this interview I conducted with a brand new student who has enrolled in my CRA Academy, I answer some of his questions and give him a general overview of the entire clinical research industry including many of the key moving parts. I hope this will be able to help many others out there!
Business development is essentially a fancy way of calling it when one business needs to convince another business to work with them. Clinical research is primarily a business to business endeavor on the backend (when sites or CRO's pitch Sponsors for the right to conduct a study), and a business to consumer endeavor on the front end (sites and CRO's recruiting study participants to enroll in the studies). In this video, my business partner and I discuss the various ways we have been successful in bringing new studies to our clinics and our clients. Would love to hear some of your strategies as well Guru Nation!