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ABII » Topics » Clinical Trial Accounting

These excerpts taken from the ABII 10-K filed Mar 31, 2008.

Clinical Trial Accounting

We have entered into various clinical trial agreements with third parties for the planning, management and execution of clinical trials. We record accruals based on patient enrollment for estimated clinical study costs related to work performed by participating hospitals and clinics. We also account for other costs associated with the clinical trials as incurred. These costs include activities provided by contract research organizations, incremental patient medical costs and costs associated with laboratory services.

 

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Clinical Trial Accounting

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">We have entered into various clinical trial agreements with third parties for the planning, management and execution of clinical trials. We record
accruals based on patient enrollment for estimated clinical study costs related to work performed by participating hospitals and clinics. We also account for other costs associated with the clinical trials as incurred. These costs include activities
provided by contract research organizations, incremental patient medical costs and costs associated with laboratory services.

 


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EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 31, 2008

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"Clinical Trial Accounting" elsewhere:

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