Dan interviews Leland Garrahan, VP at MedEquity Capital Ep.802
Random Musings From The Clinical Trials Guru
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Navigating Financial Aspects and Growth Strategies in Clinical Trials Business
This chapter explores the financial intricacies of the clinical trials business, discussing profit margins, compensation for principal investigators, and ownership structures within the organization. It highlights the challenges faced by site networks in managing uncertainties in trial pipelines and the necessity of maintaining financial buffers to sustain businesses during setbacks. Additionally, it delves into strategies for expanding businesses, managing expenses, personnel, technology solutions, and back-office functions.
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