What happens when a study closes or never opens and no funds are received for IRB fees?
A. Departments will need to establish a guarantee account with the IRB for the review of business and industry sponsored clinical trials. If after six months funding has not yet been established, departments will be responsible for the initial review fee. Each department can determine whether or not these assessments will be shared by their department’s investigators. Investigators often establish with prospective sponsors, an agreement that the sponsor will be responsible for any fees incurred in the pursuit of approval, even if full funding is not granted.