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What is the difference between a sponsor and investigator initiated study?

ISTs are usually run by pharmaceutical companies, and are primarily aimed at developing new drugs that ultimately gain regulatory approval. IITs are developed by academic investigators or cooperative groups, often sparked by a clinical need.

What does investigator-initiated study mean?

The Principal Investigator (PI) is a faculty member or research scientist appointed by the University to conduct research. The PI has overall responsibility for safety and compliance in his or her laboratory, although the below responsibilities can be delegated to a competent designee(s) in the laboratory.

What is investigator initiated research?

The budget should list all cost details for the year or another appropriate period of time. It should include any applicable salaries wages, fringe benefits, services, supplies, equipment, publications, travel, other direct expenses, and any facility and administrative costs.

What does PI research mean?

Initiated suggests that the conception of the idea and the protocol development are led by an individual, while sponsored, often used inaccurately to describe the funding source, ing to its regulatory definition, refers to the individual or entity that assumes the regulatory responsibilities, e.g. registration,

How to write a budget for a research project?

Every research project has two budget categories: direct costs and indirect costs. The University determines a set percentage for the indirect costs of funded research.