Celeritas Solutions offers years of pharmaceutical industry expertise in Clinical Financial Management (CFM) including: outsourcing strategy development and execution, clinical study start-up management, clinical study budgeting, financial administration, contract execution, clinical research and operations management. We are well-versed in the business requirements and best practices across all levels of pharmaceutical industry management.
Our team brings an acute knowledge and proven processes to clinical studies, including trial budgets and agreements, contract negotiation and administration, regulatory documentation, finance and accounting. Our clients typically see a 15%-20%+ increase in productivity in their Clinical Operations groups by consolidating and outsourcing the many layers of financial management throughout the study cycle.
With so many pharmaceutical organizations re-evaluating core competencies, facing patent expirations, and finding ways to accelerate clinical development cycles, Celeritas Solutions saw a need to offer Clinical Financial Management (CFM) services as an integral part of clinical study start-up activity. Our CFM practice focuses on the financial and business management of clinical trials from initial clinical outsourcing and study planning to site activation and payment management.
Clinical Financial Management provides a centralized core group to:
- Develop outsourcing strategy and execution
- Manage financial health of trials (actual spend vs. plan analysis)
- Manage trial cost approval and tracking
- Develop overall trial budget
- Determine site budgets for conducting clinical trials and rollout
- Organize management of clinical grants
- Support financial development and forecasting of trials
- Consolidate financial function among groups
- Serve as a single point of contact
Celeritas Solutions provides a comprehensive end-to-end Outsourcing Management Program (OMP). We provide innovative solutions for outsourcing strategy development, execution and implementation. Our goal is to deliver lower costs, shorter timelines, and better trials. Our clients benefit from our in-depth financial expertise, readily accessible at their fingertips.
Mike and the Celeritas team provide a truly unique service offering, combining expertise in financial operations, negotiations, and clinical trial vendor management. They are fluent in the business issues as well as the clinical science, making Celeritas an effective and valued partner to both the finance and clinical functions at our Company. We've had an immediate and substantial ROI in partnering with Celeritas.
William "Chip" Baird, III
Chief Financial Officer
Amicus Therapeutics
Amicus Therapeutics
Celeritas has been an excellent provider to PTC providing significant value add to our clinical finance operations. They have seamlessly augmented our internal capabilities and added significant value in both expediting our clinical trial budget negotiations and obtaining best pricing. I wouldn’t hesitate to recommend their services to other growing biotechs in similar situations to ours.
Shane Kovacs
Executive Vice President, Chief Financial Officer and Head
Corporate Development PTC Therapeutics
Corporate Development PTC Therapeutics
Thank you for helping us reach our "blockbuster" goal.
Pfizer appreciates the guidance and support from Celeritas relative to developing and implementing our innovative solution to managing very detailed CRO activity based budgets in a cloud based solution. Given Mike Galindo's knowledge of clinical operations, along with his budget and financial expertise, he helped us validate that we were proceeding down the right path. Jennifer Barbely from Celeritas created all of our training materials. She was extremely thorough with a keen attention to detail. She helped us breakdown a very complex system and business process into simple terms that allowed our staff and preferred partners understand how to be effective working in a completely different and "state of the art" cloud based system. We couldn't have reached production without the support and services of Celeritas.
Jennifer Gilletti
Executive Director, Sourcing Operations
Pfizer Inc.
Pfizer Inc.