Clinical Financial Services (CFS), a company that provides business and financial management solutions for clinical trials, has launched its newest offering, site activation services. This new service includes regulatory document collection and management as well as global investigator budget and contract management. The goal of its site activation services is to streamline and automate the trial activation process and minimize financial risk for clinical trial sponsors, CROs, and investigative sites.
"With complicated regulatory documentation, tight timelines, and the newly passed Sunshine Act, proper business and financial management of clinical trials is more important than ever," says Greg Seminack, CFS president and managing partner. "Partnering with CFS not only allows sponsor organizations to manage these requirements efficiently and cost-effectively, but it significantly improves investigator relationships and ultimately helps get drugs to market faster."