Industry-Average PV Cost Benchmarks (used in calculation)
Activity |
Outsourced Avg. Rate (GBP) |
Percentage Saving |
ICSR case processing |
£150 per case |
66.7% |
Global Literature monitoring |
£300/month |
100% |
Signal Management |
£2000/report |
75% |
Local Literature monitoring |
£200/month |
100% |
Aggregate report (PSUR/PADER/DSUR) |
£5,000/report |
40% |
Data Migration |
£40/case up to 10k cases |
100% |
Average Saving |
|
80% |
Savings
- Without migration: £235,000 - £81,000 = £154,000
saved (~66%)
- With migration: £435,000 - £81,000 = £354,000
saved (~81%)