Clinical Trial Insurance – Is Your Insurance Fit for Purpose?
The consequences of the recent failure of the BIA 10-2474 clinical trial undertaken by Biotrial on behalf of BIAL at the University Hospital of Rennes in France are a salutary reminder of the risks which are present within the clinical trials regime. In this case, at the time of writing, there has been one death and five further hospitalisations. Despite the extreme and constant attention given to the care and safety of volunteer trial subjects taken by sponsors, contract research organisations, site management organisations, institutional review boards, ethics committees, and the like, whilst, very rare, injury and death can still manifest.
This adviser raises the key issues to consider when arranging clinical trials liability insurance, particularly when taking place outside of the UK.
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