Setting up a trial site for industry standard clinical research can offer several business advantages both for Primary and Secondary care:

Revenue Generation: – Sponsors will usually cover all site expenses to conduct the study and compensate for resources used. What’s to lose?

Diversification of Income: – trials provide an additional revenue stream for healthcare facilities, helping them to diversify their sources of incomes.

Enhanced Reputation: - Participation can heighten a clinical sites reputation and credibility within the medical and research community, often producing new Key Opinion Leaders, leading to authorship opportunities and future research prospects

Access to cutting-edge Treatments: - gain access to innovative treatments and therapies, often first in human before they become widely available, ultimately allowing the offer of advanced medical options to patients.

Networking Opportunities: - collaboration with global, national and local clinical research organisations allows you to connect to the leaders in the business, keep up to date with the industry and seek future and potential partnerships.

Skill Development: - the more trials conducted leads to further skills development and best practices being used, leading to career growth.

Patient Recruitment: – attract more patients to your site, as individuals often seek access to experimental treatments and specialised care.

Data Generation: - contribute to the valuable and leading medical data which can be used for publications and presentations, further enhancing your site’s reputation and getting you on the map.

 Community Engagement: -  engage with the local community  and healthcare providers, fostering relationships and collaborations that can benefit the site’s overall business.

Facility Utilisation: – optimize your facilities and spaces to generate revenue, afford the latest equipment and reward staff with equal pay lading to improved resource management.

Regulatory Expertise: -  develop in navigating the regulatory landscape and requirements, which can be leveraged for other aspects of the business.

Whilst there are clear advantages, it’s important to note the setting up and maintaining a trial site, all equipment, necessary annual calibrations and contemporaneous documentation requires careful planning, regulatory compliance and resourcing.  The decision to establish a trial site should be based on a thorough assessment of the potential benefits and challenges for the specific environment around you and that you plan to develop.