Preserving Clinical Research Sites During the Coronavirus Pandemic

Jim Kremidas, ACRP Executive Director

Jim Kremidas, ACRP Executive Director

Before the coronavirus pandemic, clinical research sites were already operating on low margins, and often faced tight financial constraints and understaffed workforces. According to a survey by Society for Clinical Research Sites (SCRS) released in early April, 59% of sites in 2019 reported that they had three months or less of operating cash.

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Source: PhRMA, The Catalyst