Sponsor

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Sponsor (pronounced: /ˈspɒnsər/) in the context of medicine, refers to an individual, company, institution, or organization which takes responsibility for the initiation, management, and/or financing of a clinical trial.

Etymology

The term 'Sponsor' originates from the Latin word 'spondere', meaning 'to pledge'. In the medical field, it signifies the entity that pledges to oversee and fund a clinical trial or research.

Roles and Responsibilities

A Sponsor is responsible for initiating, managing, and financing the clinical trial but does not necessarily conduct the investigation. They are responsible for ensuring that the trial is conducted in accordance with the Good Clinical Practice guidelines and that the rights, safety, and well-being of trial subjects are protected.

The Sponsor is also responsible for the confirmation of the Clinical Trial Protocol, selection of Investigator(s) and Institution(s), and for providing the necessary resources for the conduct of the trial.

Related Terms

  • Clinical Trial: A research study that tests how well new medical approaches work in people.
  • Good Clinical Practice: An international ethical and scientific quality standard for designing, conducting, recording, and reporting trials that involve the participation of human subjects.
  • Clinical Trial Protocol: A document that describes the objective(s), design, methodology, statistical considerations, and organization of a clinical trial.
  • Investigator: A person responsible for the conduct of the clinical trial at a trial site.
  • Institution: A medical facility where clinical trials are conducted.

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