Charles river medical trials

Second, organizations are often required to have a clinical trial policy in place before they begin a trial. Because clinical trial insurance is a specialized form of insurance and policies must be tailored, sponsors and administrators should look for an insurance agency in Massachusetts that is knowledgeable about this specific form of insurance.

An independent agency that has worked with organizations that have needed clinical trial policies in the past will be able to help identify coverage needs and find a customized policy that meets those needs. Getting a new medical drug, device, or treatment approved usually requires completing several clinical trials. These trials contain a level of inherent risk, as the drugs, devices, or procedures being studied are, by definition, experimental until the trials are completed.

Clinical trial insurance provides sponsors and administrators of clinical trials in Massachusetts with important protections against the potential risks that they may face when conducting clinical trials. Please leave us a review on Google! This material is for informational purposes only. We transform healthcare and worker safety with AI and intelligent adaptive training.

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