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What is Clinical Trial Costing - Dubai’s Life Sciences Sector Explained

Author 1
Written By Fayas Ismail,
Published on September 11, 2025
What is Clinical Trial Costing - Dubai’s Life Sciences Sector Explained

In the dynamic world of life sciences, where innovation meets stringent regulations, managing the financial aspects of clinical trials is a critical challenge. Dubai’s thriving research ecosystem demands precision in budgeting to ensure both scientific success and fiscal responsibility. At Young & Right, a premier accounting and tax consultancy in Dubai, we empower pharmaceutical companies, biotech startups, and research institutions to navigate these complexities with tailored, DHA-compliant clinical trial costing solutions. Our expertise ensures alignment with UAE regulations, including MOHAP and DHA standards, while optimizing budgets for efficiency and innovation across clinical development programs and therapeutic areas.

Understanding Clinical Trial Costing

Clinical trial costing involves planning, tracking, and optimizing the financial resources required to conduct studies evaluating new drugs, medical devices, or therapies. It’s a meticulous process that accounts for every expense, from patient recruitment to regulatory compliance. All while adhering to global and UAE-specific standards like Good Clinical Practice (GCP). This process includes direct costs, such as investigator fees and patient-related procedures, and indirect costs like facility overheads and data management systems.

Sponsors, whether global pharma giants or local research bodies, rely on accurate costing to prevent budget overruns, support trial success, and ensure trials meet ethical and scientific benchmarks. Costs can range from a few million dirhams for early-phase trials (such as phase I trials) to hundreds of millions for large, multinational studies (e.g., phase III trials). The average cost per patient and the total budget are influenced by trial complexity, number of patients, clinical operations, and adverse events.

Our team at Young & Right provides customized financial strategies, tax optimization, and compliance support to streamline trial budgets. From cost estimation to bookkeeping and corporate tax registration, we ensure your organization maximizes value while meeting Dubai’s regulatory requirements.

Why Clinical Trial Costing is essential in the UAE

Dubai’s position as a hub for medical research comes with unique financial and regulatory demands. Effective clinical trial costing delivers:

→ Precision Budgeting:

Pinpoint high-cost areas and understand the true cost to optimize resource allocation and avoid financial waste throughout the trial.

→ Regulatory Alignment:

Ensure compliance with MOHAP, DHA, and international standards (like the US Food and Drug Administration), minimizing approval delays and enhancing the sustainability of clinical research.

→ Performance Benchmarking:

Compare trial efficiency and cost-effective clinical operations against UAE and global standards to enhance competitiveness.

→ Funding Confidence:

Provide transparent cost breakdowns and incremental cost models for investors, grant applications, and insurance negotiations.

By adopting robust cost models, UAE-based organizations can achieve financial clarity, regulatory adherence, and sustainable research outcomes, including in areas such as oncology trials and public health initiatives.

How Clinical Trial Costing functions

Our clinical trial costing solutions offer a structured and comprehensive approach to financial management, from initial planning to final reporting, specifically designed to meet Dubai’s regulatory requirements and the unique demands of clinical trial management.

1. Trial Design and Data Aggregation

We integrate diverse clinical trial data from various sources, such as trial protocols, site agreements, electronic data capture systems, and supply logistics, to construct detailed and accurate budgets. This process considers critical factors like trial duration, endpoints, sample size, patient populations, investigational treatments, and contingency planning, ensuring precise forecasting for every phase of the clinical trial.

2. Expense Mapping

Using advanced cost analysis methodologies, we allocate expenses across key areas such as participant-related costs, site operations, data management, regulatory processes, and clinical supplies. This thorough expense mapping captures both direct and indirect costs for each trial phase. We also account for statistical elements like drug development costs and the total cost of each phase, providing an in-depth financial snapshot of the trial's economic footprint.

3. Real-Time Monitoring

Dynamic, real-time dashboards provide actionable insights into spending patterns, cost trends, trial success rates, and phase-specific expenses. These tools empower clinical managers to proactively adjust the trial’s budget, ensuring timely reactions to any discrepancies between actual and projected costs. This monitoring also facilitates adjustments based on the evolving needs of the trial, from sample size changes to unforeseen logistical challenges.

4. Regulatory Compliance

Our solutions generate comprehensive reports that align with Dubai Health Authority (DHA), Ministry of Health and Prevention (MOHAP), and the Department of Health (DOH) requirements. These reports are designed to ensure audit readiness, meet clinical cost data collection standards, and streamline regulatory submissions for each development phase. Whether for phase 2 or later, our cost data collection is fully compliant with clinical trial costing regulations, supporting smooth transitions through all regulatory checkpoints.

Main Features of our Clinical Trial Costing Solutions

Young & Right’s costing frameworks are designed to empower UAE life sciences organizations with precision, compliance, and strategic insights.

🔹Granular Cost Tracking

Allocate expenses accurately to trial phases, sites, or patients using mean cost and median cost calculations for enhanced transparency.

🔹System Integration

Seamlessly connect with clinical trial management systems, ERP tools, and electronic data capture systems to harmonize trial data.

🔹Live Analytics

Monitor budgets, per patient expenses, enrollment rates, and cost trends in real time, ensuring data-driven trial optimization.

🔹UAE Standards Benchmarking

Evaluate your trial's financial and operational performance against Dubai’s regulatory frameworks and international benchmarks.

🔹Regulatory Support

Automated tools simplify compliance with DHA, MOHAP, and GCP guidelines—boosting audit preparation and reducing errors.

🔹Supply Chain Oversight

Track clinical supplies from production to distribution to minimize waste, control costs, and meet trial timelines.

🔹Strategic Forecasting

Use predictive modeling to estimate average cost per patient, forecast potential issues, and plan future clinical development more effectively.

🔹Personalized Reporting

Generate customized, audit-ready financial reports for a variety of stakeholders such as CFOs, principal investigators, research managers, and accounting software users.

Advantages for Dubai’s Life Sciences Sector

Our clinical trial costing solutions deliver transformative benefits for Dubai-based sponsors and research organizations involved in clinical trials.

→ Financial Clarity

Gain a detailed view of trial expenses, from participant recruitment to data processing for better financial decision-making and transparency.

→ Cost Optimization

Identify inefficiencies early, control both direct and indirect costs, and reduce overspending through regular budget reviews.

→ Regulatory Assurance

Stay compliant with UAE regulations, including those set by DHA, MOHAP, and DOH, ensuring faster approvals and reduced compliance risk.

→ Enhanced Collaboration

Centralized platforms improve communication and visibility between clinical, finance, and operations teams involved in managing clinical trials.

→ Innovation Support

Streamline financial processes so teams can focus on developing new drugs, treatments, and improving public health outcomes.

Popular Clinical Trial Costing Tools

Several tools align with UAE requirements and provide robust features for planning and managing the cost of a clinical trial:

🔹TrialCost Pro

Cloud-based tool designed for real-time tracking of trial costs in the UAE life sciences environment.

🔹Medidata Grants Manager

Specializes in cost forecasting and budget negotiation, with integrated compliance support for DHA and international standards.

🔹Clindex Budget Module

Provides detailed cost breakdowns, project timelines, and direct linkage with trial management systems and accounting tools.

🔹BioClinica Financials

Ideal for per-patient costing, contingency planning, and transparent reporting for multinational and local trials.

🔹Oracle CTMS Budgeting

Comprehensive financial oversight with DHA-compliant reporting and support for cost-effective clinical operations.

How Young & Right supports your Clinical Trial Costing needs

As Dubai’s trusted accounting and tax consultancy, Young & Right partners with you to develop efficient, compliant, and scalable clinical trial budgeting strategies.

1. Financial Process Review

We assess your current workflows including cost estimation, contingency practices, and financial documentation to highlight cost-saving opportunities and gaps in regulatory compliance.

2. Solution Selection and Integration

Based on your trial’s complexity, we recommend and implement the most suitable costing tools, ERP integration, and bookkeeping systems.

3. UAE Regulatory Alignment

Ensure every aspect of your costing approach meets DHA, MOHAP, and Department of Health Abu Dhabi (DOH) guidelines for smooth submission and approval processes.

4. Data Standardization

We structure clinical trial data and financial data to align with reporting norms, reduce redundancies, and increase the reliability of your cost estimates.

5. Dynamic Dashboards

Implement intuitive, real-time dashboards that reflect trial performance, incremental costs, and budget adherence across all sites and phases.

6. Audit-Ready Reporting

From accounting services to audit assistance, we help generate audit-friendly financial reports that simplify compliance and reduce time spent on manual reconciliations.

Conclusion

Clinical trial costing is the backbone of successful, compliant, and innovative research in Dubai’s life sciences sector. Whether you’re preparing for phase I trials, assessing the true cost of new therapies, or managing trial complexity across multiple sites, strategic financial management is essential.

By using tailored financial strategies and adopting cost-effective clinical tools, UAE organizations can balance scientific ambition with fiscal discipline. At Young & Right, we combine deep expertise in accounting, tax advisory, corporate tax registration, and regulatory compliance to help you achieve cost-efficient, DHA-compliant trials that drive clinical innovation forward.


Akshaya Ashok
Reviewed By
Fahadh Ismail

FAQ

It’s the process of budgeting and tracking all costs for clinical trials, covering direct and indirect expenses while ensuring compliance with global and UAE standards.
It ensures precise budgeting, regulatory compliance, better performance benchmarking, and builds investor confidence.
We offer DHA-compliant strategies, cost estimation, regulatory alignment, real-time monitoring, and audit-ready reporting.
Granular cost tracking, system integration, live analytics, UAE benchmarking, compliance support, and strategic forecasting.
Financial clarity, cost control, faster regulatory approvals, better team collaboration, and more focus on innovation.

Optimize your Clinical Trial Budget with Expert Precision

Partner with Young & Right to achieve DHA-compliant, cost-efficient clinical trials in Dubai without compromising innovation or compliance.

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