“No Patients – No Payment” risk-sharing program explained
Cromos Pharma launches video explaining its unique risk-sharing program, “No Patients – No Payment”, which aims to enhance the efficiency of clinical trial patient recruitment. The video explains how the US-based international CRO’s proprietary program benefits Sponsors and how they can take advantage of the offer.
Efficient patient recruitment for clinical trials
Patient recruitment is the largest challenge to the efficient conduct of clinical trials – costing time and money, which ultimately can cause delays in delayed arrival of new therapies to market. With nearly 80% of clinical trials failing to meet enrollment timelines and up to 50% of research sites failing to enroll a single patient the consensus that patient recruitment is the most important and the most challenging part of any clinical program is unequivocal.
The “No Patients – No Payment” program is based on the principal of delivering guaranteed results to our Sponsors, when it comes to patient recruitment, in a timely and efficient manner to help accelerate the drug development process patient recruitment to make sure that their timelines are met.
Expert feasibility and risk assessment
““No Patients – No Payment” is rooted in diligent feasibility assessment of the most fitting country venues, rigorous site and investigator selection, and real time evaluation of competitive landscape”, remarked Cromos Pharma’s CEO, Dr. Vlad Bogin. “Once agreed between Cromos Pharma and the Sponsor, the patient recruitment projections are enshrined in the contract and if we don’t deliver – you don’t pay”, he continued.
“No Patients – No Payment” is a program unlike any other in the industry. It validates Cromos Pharma’s unparalleled reputation for patient recruitment. The CRO boasts a track record of recruiting on or ahead of time in 95% of its conducted clinical trials. The program’s focus on robust risk assessment and planning also underlines the Company’s commitment to quality assurance and effective project management.
Watch Cromos Pharma’s “No Patients – No Payment” video: