Kontrax
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» Overview

» Clinical Contract Management
» Commercial Agreements
» Professional Development
» Staffing Solutions

Kontrax Consulting provides contract management services in four key areas: Clinical Contract Management, Commercial Agreements / Vendor Management, Professional Development and Staffing Solutions. While these are our primary expertise, as a full-service contract management firm, we also provide auditing services, vendor payment and invoice reconciliation, and facilitate lessons learned sessions for future growth between companies. Contact our service department for more details.

» Clinical Contract Management
» Commercial Agreements
» Professional Development
» Staffing Solutions

Clinical Contract Management

In 2001 when Kontrax’ was founded the firms primary area of business was pharmaceutical and biotechnology contracting. With corporate offices in Philadelphia, PA the firm is perfectly positioned in the ‘pharmaceutical beltway,’ midway between New Jersey and Delaware. This, along with the more than seven years of pharmaceutical experience held by the firm’s founder Tiffany Sizemore Cherry, the decision was made to specialize in what we know. Today, the firm negotiates clinical study and related agreements all around the globe. Through a network of attorneys, clinical research associates and contract managers located throughout the world, the firm has guided numerous physicians, clinical research organizations and sponsor companies through a variety of matters including the EU Data Protection Act, HIPPA, and the new EU Clinical Trial Directive.

On average, we negotiate more than 20 million dollars of pharmaceutical and biotechnology funds per year. In doing so we assure the appropriate measures are taken to produce the highest quality agreement where each party feels that they have won.

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Commercial Agreements

Commercial Agreements/Vendor Management
Purchase-Pay support services
Patent Filing and IP Services
Entertainment and Event Planning Contracts
Partnership Agreements

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Professional Development

Kontrax provides custom solutions to companies seeking to develop or complement the skills needed for sound contract management organizations. The firm’s consultants will come to your site to train staff on topics such as understanding the legalese, proven negotiation strategies, and client driven process development. Kontrax is much more than a supplier, we are a SOURCE. Our professional development staff are experienced in all areas of contracting and are excellent source for industry information, identifying current standards in contracting and helping your group compete in this highly diverse field. Consider Kontrax as your partner for:

» Affiliate Assessments/Business Alignment Specialists (Intra-company alignment)
» Standard Operating Procedure Development & Trainings
» Continuing Education Courses – Lessons Learned Experts

Standard Course Offerings
In addition to our tailored training services, we also offer pre-developed training courses. Each course is taught in a half-day format with sufficient time for individual questions and answers. If you suspect you’ll need more time to absorb the information presented, we’ll extend the session to accommodate your group insuring you get the answers you need to succeed.

The ABC’s of Clinical Negotiations: Understanding the Terminology
» Tips for avoiding delay in contract negotiations
» Identifying the Five Must Have’s in clinical contracts
» Who should be indemnified and when
» Developing an alternative language library (plus a few alternative clauses we’ve developed over the years—just to get you started)
<<Click here for course description>>
Negotiating a Win-Win Agreement:
Matching Contract Models with Business Milestones
» Finding the Best Contract Structure, and who should be in your department to insure it happens?
» Fixed Price Contracts v. Variable Rates
» Unit Costing Models
» Linking Payments to Key Milestones & Deliverables
Contracting with EDC Providers
» Why Service Level Agreements are Important
» What are you really buying…and what is it really worth?
» Getting All the Players to Play Together
Hedging Your Bets: Managing Risks in Global Contracting
» A lecture on budgetary models for long-term contracts; how to hedge your financial resources to avoid currency volatility, market crashes and risky business

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Staffing Solutions

Kontrax Consulting provides short or long-term contracts managers to assist in drafting, reviewing and negotiating clinical and commercial contracts. Our professionals have years of experience in specialized segments of the contracting industry including finance, marketing, R&D, project management and organizational behavior. Our contracts managers are exceptionally trained and educated about each client before beginning an assignment. You can be sure that your needs will be handled by the very best that we have to offer at Kontrax.

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11/13-14/2007
DIA Outsourcing Summit
Weston FL

2/25-26/2008
SRI Global Outsourcing Conference Philadelphia, PA

4/14-16/2008
17th Annual Partnerships with CROs and EDC
& Beyond
Mandalay Bay, Las Vegas, NV

 


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