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Meeting: Board of Managers Meeting date: 11/4/2021 Agenda Item #: 11.2 Request for Board Action Title: Resolution number:Approval of Phase II Design Contract for 325 Blake Road Restoration and Redevelopment 21075Prepared
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Approval of phase II refers to the regulatory approval process that permits a sponsor to begin clinical trials designed to test the efficacy and safety of a drug or treatment in a larger population after initial safety has been established in phase I.
Typically, the sponsor of the clinical trial, which can be a pharmaceutical company, research institution, or academic organization, is required to file for approval of phase II studies with the relevant regulatory authority.
To fill out approval of phase II, the sponsor must complete the required application forms provided by the regulatory body, including detailed information about the study design, methodology, statistical analyses, and previous clinical results.
The purpose of phase II approval is to determine the efficacy of a drug or treatment in patients who have the condition it aims to treat, while also further assessing its safety in a larger group.
Information that must be reported includes study objectives, design, methodology, patient population, dosage and administration, safety data from phase I trials, and statistical analysis plans.
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