Solution Brief: Portfolio Planning · clinical trials across the portfolio. It facilitates rapid...

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Oracle Health Sciences. For life. ClearTrial Advanced visibility for portfolio planning Inadequate trial budgets, reduced timelines, and increasing demands on fewer resources make trial planning more difcult than ever. Inaccurate forecasts can leave organizations foundering, or worse, they can set unachievable study goals. What if you could reduce your trial planning time by 80 percent and still deliver accurate, on-time, and achievable forecasts by leveraging industry benchmarks? Accelerate clinical trial planning It typically takes weeks to even months to plan clinical studies. Disparate and manual planning and budgeting tools take signifcant time and efort to use, often resulting in inaccuracies and study start delays. Oracle Health Sciences ClearTrial Cloud Service (ClearTrial) can reduce the end-to-end planning process from weeks to hours by providing visibility into industry standards, detailed tasks, timelines, costs, and resources. It accurately produces ballpark budgets in minutes instead of days, and ofers quick insight into multiple study scenarios. For outsourcing, it easily generates study requests for proposals (RFPs) directly from project plans. Achieve accurate and defensible study budgets The pressure caused by the rise of complex trials, stagnant fnances, and limited personnel has resulted in increased study planning cycles, infated budgets, extended timelines, and continuous vendor change orders. ClearTrial provides visibility into the operational and fnancial planning for a study and the ability to model new scenarios quickly, as clinical assumptions or business requirements change. With embedded global clinical intelligence, ClearTrial can help you efectively negotiate fair market value with industry benchmarks. Copyright ©2020, Oracle and/or its afliates. All rights reserved. SOLUTION BRIEF “ClearTrial is intuitive to use and makes clinical trial forecasting easy and more accurate than I thought possible...Conducting clinical trials is one of the biggest expense categories for biopharmaceutical companies. Beter forecasting leads to beter asset management.” CHIEF EDITOR, LIFE SCIENCES LEADER

Transcript of Solution Brief: Portfolio Planning · clinical trials across the portfolio. It facilitates rapid...

Page 1: Solution Brief: Portfolio Planning · clinical trials across the portfolio. It facilitates rapid scenario planning to ensure each trial is optimized for time, costs, and resources.

Oracle Health Sciences. For life.

ClearTrial Advanced visibility for portfolio planning

Inadequate trial budgets, reduced timelines, and increasing demands on fewer resources make trial planning more difficult than ever. Inaccurate forecasts can leave organizations floundering, or worse, they can set unachievable study goals. What if you could reduce your trial planning time by 80 percent and still deliver accurate, on-time, and achievable forecasts by leveraging industry benchmarks?

Accelerate clinical trial planning

It typically takes weeks to even months to plan clinical studies. Disparate and manual planning and budgeting tools take significant time and effort to use, often resulting in inaccuracies and study start delays. Oracle Health Sciences ClearTrial Cloud Service (ClearTrial) can reduce the end-to-end planning process from weeks to hours by providing visibility into industry standards, detailed tasks, timelines, costs, and resources. It accurately produces ballpark budgets in minutes instead of days, and offers quick insight into multiple study scenarios. For outsourcing, it easily generates study requests for proposals (RFPs) directly from project plans.

Achieve accurate and defensible study budgets The pressure caused by the rise of complex trials, stagnant finances, and limited personnel has resulted in increased study planning cycles, inflated budgets, extended timelines, and continuous vendor change orders. ClearTrial provides visibility into the operational and financial planning for a study and the ability to model new scenarios quickly, as clinical assumptions or business requirements change. With embedded global clinical intelligence, ClearTrial can help you effectively negotiate fair market value with industry benchmarks.

Copyright ©2020, Oracle and/or its affiliates. All rights reserved.

SOLUTION BRIEF

“ClearTrial is intuitive to use and makes clinical trial forecasting easy and more accurate than I thought possible...Conducting clinical trials is one of the biggest expense categories for biopharmaceutical companies. Better forecasting leads to better asset management.”

CHIEF EDITOR, LIFE SCIENCES LEADER

Page 2: Solution Brief: Portfolio Planning · clinical trials across the portfolio. It facilitates rapid scenario planning to ensure each trial is optimized for time, costs, and resources.

ClearTrial accelerates the clinical trial planning process to help you avoid study start delays, while helping you deliver accurate, defensible, and achievable forecasts.

Shorten RFP and bid management cycles

ClearTrial cuts planning time for outsourcing in half by reducing contract and negotiation cycle times. It helps you compare proposals alongside each other or against industry standard rates by leveraging benchmark pricing, allowing you to accurately assess CRO bids, and rapidly pinpointing variances. With ClearTrial, you can quickly generate study RFP specifications based on a minimal number of clinical assumptions. During the study, ClearTrial can reduce the disruptive nature and impact of change orders.

Optimize trial and portfolio management

ClearTrial provides a centralized and standardized approach to planning clinical trials across the portfolio. It facilitates rapid scenario planning to ensure each trial is optimized for time, costs, and resources. By providing a portfolio-level view, ClearTrial also supports program-level management by rolling up costs, timelines and resources across studies to understand critical path activities and potential resource and budget deficiencies.

“ClearTrial has enhanced our ability to quickly assess the costs associated with multiple development strategies. It has proven to be an effective tool that we can rely on to rapidly estimate project costs and establish guidelines for negotiating contracts with our service providers.”

VICE PRESIDENT, DEVELOPMENT OPERATIONS, EMERGING BIOPHARMACEUTICAL COMPANY

About Oracle Health Sciences

As a  leader in Life Sciences cloud technology, Oracle Health Sciences’  Clinical One and Safety One are  trusted  globally  by professionals in both large and emerging companies engaged in clinical research and pharmacovigilance. With over 20 years’ experience, Oracle Health Sciences is committed to supporting  clinical development, delivering innovation to accelerate advancements, and empowering the Life Sciences industry to improve patient outcomes. Oracle Health Sciences. For life.

Copyright ©2020, Oracle and/or its affiliates. All rights reserved. The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

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2 ClearTrial | Advanced visibility for portfolio planning