Sponsored Research
Externally sponsored research is conceived, designed, initiated and managed by a non-Cook Children's investigator or company. Sponsors contract Cook Children's to recruit individuals to participate in their trials. These are most often large pharmaceutical trials or collaborative group trials studying drugs, procedures or medical devices in development for the purpose of bringing new therapies to the market. Also, clinical research involves the study of the biology of many diseases via tests on blood and tissue so that we can learn more about the specific disease and how best to treat our patients.
Research Finance and Grants
The Research Administration Office Finance Department at Cook Children's the Cook Children's PROMISE by providing leadership and expertise in grant administration and compliance. Research Finance helps connect Cook Children's researchers and project directors with external funding opportunities from state and federal resources as well as national organizations and foundations. Research Finance assists with pre-award activities such as finding potential funders/grantors and writing/submitting applications and post-award grant administration to ensure compliance with programmatic, financial and legal requirements. Research Finance is also responsible for issuing subawards on behalf of Cook Children's.
Each research study is different. Some studies pay participants for their time and effort related to taking part in a research study, and some do not. Stipends are given to cover the costs of parking, travel, childcare, lost wages, or time lost from work.
Some clinical trial sponsors will pay for participants' travel costs. Some studies may offer a stipend to participants that may cover transportation costs such as gas money or taxi services. Some sponsors of a research study may even pay for air travel.
In most cases, study participants do not have to pay for the costs of anything that is done only for the research study, including the investigational treatment and any special tests or extra doctor visits. However, study participants or their insurance companies are responsible for the cost of anything that is standard of care. (popover: Standard of Care: Anything that would be done as part of the usual medical care a patient would need for their health condition regardless of whether or not they were taking part in a research study.)
Some studies have money to cover the cost of medical care if a child is harmed while participating in research. Some do not.
Pre-Award Activities:
- Assist with identifying appropriate funding needs
- Identify potential funding sources from state, federal or national organizations/foundations
- Ensure executive approval of the project
- Assist in the development and design of projects/protocols
- Prepare and negotiate budgets including subcontractor/subawards
- Prepare and submit the final application
Post-Award Activities
- Facilitate contract/subcontract paperwork including legal and fiscal review
- Establish accounts for fiscal management
- Prepare, negotiate, and issue outgoing subaward agreements
- Prepare financial reports and monitor fiscal activities for compliance
- Assist with and submit programmatic and fiscal reporting
- Prepare compliance audits
- Serve as conduit between program staff and funder
For more information, please contact us at CookChildrensResearch@cookchildrens.org or call 682-885-2103.