Insurance for international clinical trials
Written by ForeignExchange Translations on Monday, June 01, 2009
Earlier this year, PharmExec.com ran an article called Insuring Global Clinical Trials.
Written by a manager at insurance giant Chubb, the article is a bit self-serving (for instance, sponsors are urged to select insurance providers that can provide a global solution - like Chubb) but it also points out some useful information.
Requirements vary widely around the world. (Maybe a global insurance provider is a good idea!) In Europe, particularly, sponsors had to comply with insurance requirements written into the Clinical Trials Directive but implemented differently across the EU.
At a time when almost half of clinical studies are conducted outside the U.S., where to conduct a trial all of a sudden has become even more complicated: Sponsors now need to consider insurance requirements as one of the many factor in selecting sites.
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Categories: clinical research, europe




