**CONFIDENTIAL PORTIONS HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION (THE COMMISSION).** TASK ORDER MEDPACE Task Order Number: 1 MEDPACE Project Number: ORINS07

EX-10.22 8 exhibit_10-22.htm EXHIBIT 10.22 exhibit_10-22.htm


Exhibit 10.22
 


**CONFIDENTIAL PORTIONS HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL
TREATMENT AND HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
COMMISSION (THE “COMMISSION”).**
 
TASK ORDER
 
MEDPACE Task Order Number: 1
 
MEDPACE Project Number: ORINS07
 
This Task Order, dated 27 September 2012,  is between Medpace, Inc. (“MEDPACE”), and Oramed Ltd., (“SPONSOR”).
 
RECITALS:
 
WHEREAS, MEDPACE and SPONSOR have entered into that certain Master Services Agreement dated  27 September 2012  (the “Master Services Agreement”); and
 
WHEREAS, pursuant to the Master Services Agreement, MEDPACE has agreed to perform certain Services in accordance with Task Orders from time to time entered into by the Parties and SPONSOR and MEDPACE now desire to enter into such a Task Order; and
 
WHEREAS, MEDPACE and SPONSOR desire that MEDPACE provide certain services with respect to  a protocol entitled, Randomized, Double-Blind, Placebo-Controlled Study to Assess the Safety and Pharmacodynamics of Multiple Oral Bedtime Doses of ORMD-0801 (Insulin Capsules) in Adult Patients with Type 2 Diabetes Mellitus who are Inadequately Controlled with Diet and Metformin (the  “Study”) for the study of the product ORMD-0801 (“Study Product”) as set out in the Protocol Number: ORA-D-007, which is incorporated herein by reference;
 
NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Parties hereby agree as follows:
 
 
1.
Scope of Work:  MEDPACE shall perform the services described in the Scope of Work, attached hereto as Appendix 1, in accordance with the Project Schedule, attached hereto as Appendix 2, and protocol version dated 14 August 2012.

 
2.
Compensation:  For performance of these Services, SPONSOR shall pay to MEDPACE an amount equal to the Project Budget set forth in Appendix 3, which amount shall be payable pursuant to the Payment Schedule set forth in Appendix 4.  The Project Budget is provided for cost analysis purposes.  It is agreed that all fees are fixed prices unless the underlying assumptions as written in Appendix # 1 SCOPE OF WORK, and Appendix #2, PROJECT SCHEDULE are changed, and all such changes shall be documented in a Contract Amendment.  After staff is assigned, costs are incurred based upon allocation of staff capacity.
 
 
 

 
 

 
 
3.
Third Parties/Vendors: MEDPACE is responsible for coordinating with the vendors which will be selected and approved by SPONSOR.  SPONSOR will review and comment on all Third Parties/Vendors contracts prior to MEDPACE’s execution of such contracts.
 
 
4.
Transfer of Obligations:  Sponsor Obligations transferred to MEDPACE by SPONSOR (consistent with the regulations set forth in 21 C.F.R. Section 312, Subpart D) are identified in Appendix 5.
 
 
5.
MSA. The provisions of the Master Services Agreement are hereby expressly incorporated by reference into and made a part of this Task Order.
 
IN WITNESS WHEREOF, the Parties have hereunto signed this Task Order effective as of the day and year first written above.
 
MEDPACE, INC.
 
Signature: 
/s/ John Wynne
By: 
John Wynne
Title: 
Executive Director
Business Development Support
                           
Oramed Ltd.
 
Signature: 
/s/ Nadav Kidron
By: 
Nadav Kidron
Title: 
CEO
 
List of Appendices:
 
Appendix 1:  Scope of Work
Appendix 2:  Project Schedule
Appendix 3:  Project Budget
Appendix 4:  Payment Schedule
Appendix 5:  Transfer of Obligations
 
 
Page 2 of 15

 
 

 
APPENDIX 1: SCOPE OF WORK
 
Project Specifications
 
Item
Description
Number of investigators per country
10 sites + 5 Back-up sites (United States)
Number of screened patients
294 patients
Number of randomized patients
147 patients
Duration of enrollment period (first patient in–last patient in)
4 months
Duration of screening/treatment/follow-up period
~7.5 weeks
Duration of Investigator Meeting
1 meeting (12-hour duration); location TBD
Location and duration of Kickoff Meeting
1 meeting at Medpace (8-hour duration)
Teleconferences
26 calls ( approx. 2 per month; one hour each)
Number of qualification visits
1 visit
Number of initiation visits
10 visits
Number of routine monitoring visits (RMV)
40 visits
Monitoring frequency
On average, every 5-6 weeks as needed
Number of close-out visits
Assumed part of final RMV
Number of serious adverse events (SAEs)
8 SAEs
Total CRFs
5880 CRFs
CRFs per patient
40 CRFs
Unique CRFs
18 CRFs
Average data points per CRF
12 data points
Number of raw listings
23 raw listings
Number of unique TFLs
25 unique TFLs
Number of version TFLs
25 version TFLs
Study conducted in compliance with SOPs and Policies
Medpace SOPs and Policies
 
 
 
Page 3 of 15

 
 
 

 
Roles and Responsibilities
 
1.1
PROJECT START-UP
 
Oramed
Medpace
N/A
Item
Description
X
   
Write protocol
 
 
X
 
Review protocol
Includes comment from Medpace team
X
   
Submit protocol amendments
 
 
X
 
Develop ICF template
Using Medpace template
X
   
Review ICF template
 
 
X
 
ICF amendments
1 amendment
 
X
 
ICF local customization
Negotiate changes with each site
 
X
 
CRF design
Design of CRFs and completion guidelines
X
X
 
Site identification
Medpace to identify qualified Investigators; Oramed to select/approve sites; assumes 15 sites selected (10 main sites + 5 back-up sites)
 
X
 
Investigator Meeting Planning
Arrange meeting
 
X
 
Preparation of Investigator Meeting(s)
Preparation and distribution of binders and meeting materials; includes presentation by Medpace associates
 
X
 
Investigator Meeting Attendees
CTM, Medical Expert, Project Coordinator, Data Manager, Statistical Analyst, Safety Manager, IVRS Manager and 3 CRAs; Assumes 1 day meeting
X
X
 
Investigator Meeting Planner Contract Negotiation and Payment Management
Medpace will negotiate the contract on behalf of Sponsor;  Sponsor will sign the contract and make payments to the meeting planner
 
X
 
Kickoff Meeting Attendees
CTM, Medical Expert, Project Coordinator, Project Assistant, Regulatory Submissions Manager, Data Manager, Statistical Analyst, Safety Manager, Safety Specialist and Lead CRA; Assumes 8 hrs. meeting at Medpace office
 
X
 
Submit essential documents to US central IRB
13 sites using central IRB (9 main + 4 back-up sites)
 
X
 
Support sites to submit essential documents to US local IRB
2 site using local IRB (1 main + 1 back-up sites)
 
X
 
Trial Master File set-up and maintenance
Set up and maintain file for all study sites according to Medpace SOPs
 
1.2
CLINICAL OPERATIONS
 
Oramed
Medpace
N/A
Item
Description
 
X
 
Clinical trial management
Provide overall study management for 10 sites
 
X
 
Project website
Medpace to develop secure, project-specific website containing relevant information and tools
 
X
 
Newsletters
6 monthly electronic newsletters
 
X
 
Ongoing essential document collection
Ongoing collection and maintenance of site-specific documents
 
X
 
Tracking of study medication shipments
Assumes 2 shipments per site for 10 sites
 
X
 
Supply, packaging, and labeling of study  medication
Assumes Medpace will contract and manage packaging, labeling and drug depot vendor
 
X
 
Storage and distribution of
Study medication
Assumes Medpace will contract and manage vendor to perform packaging, labeling and drug depot services
X
X
 
Destruction of study medication
Assumes Medpace will contract and manage drug depot vendor who will destroy drug upon Sponsor approval
 
X
 
Study medication accountability procedures
Follow Medpace SOPs and approved by Sponsor
 
X
 
Site contract negotiation
Negotiate site contract and budget for 15 sites
 
X
 
Investigator payments management
Make 2 quarterly payments per site for 10 sites
X
X
 
External vendors contract negotiation and management
Assumes Medpace will contract and manage drug depot vendor; Medpace will coordinate the purchase and distribution of  CGM devices and study supplies upon sponsor approval
 
X
 
Central lab selection
Please reference MRL budget
 
X
 
Central lab contract negotiation and management
 MRL
 
X
 
Central IRB payment management
Assumes 1 central IRB and 2 quarterly payments
 
 
Page 4 of 15

 
 

 
1.3
CLINICAL MONITORING
 
Oramed
Medpace
N/A
Item
Description
 
X
 
Clinical Research Associates (CRAs)
3 CRAs
 
X
 
Qualification visits
1 visit, 4 hrs. on-site; Cost of $2,347 shall be charged for each additional visit
 
X
 
Monitoring plan
Ongoing updates
Includes monthly meetings
 
X
 
Site initiation visits
10 visits, 4 hrs. on-site; Cost of $2,347 shall be charged for each additional visit
 
X
 
Routine monitoring visits (RMVs)
40 visits
 
X
 
Frequency of RMVs
On average, every 5-6 weeks, as needed
 
X
 
Estimated on-site time
16 hours
 
X
 
Close-out visits
Assumed combined with final RMV
 
X
 
In-house monitoring coordination
Medpace CRA contact sites to discuss project-specific issues; records maintained in ClinTrak
 
 
Page 5 of 15

 
 

 
1.4
CLINICAL SAFETY
 
Oramed
Medpace
N/A
Item
Description
 
X
 
Medical monitoring
Medical Expert on-call 24/7 during recruitment and treatment periods for 10 sites
 
X
 
Develop Safety Monitoring Plan
Includes one final version and one revision. Assumes utilization of Medpace SOPs
 
X
 
SAE reporting
All SAEs will be reported by sites to Medpace. Includes one initial and two follow-up reports per case; Assumes 8 SAEs; Cost of $1,339 shall be charged for each additional unit
 
X
 
Development of safety database
ARGUS will be used; Medpace to hold database
 
X
 
Enter SAEs into safety database
8 SAEs
 
X
 
Medical monitor review of SAE reports
Includes assessment of expectedness and company causality
 
X
 
Receive, query, and follow-up on reported SAEs
 
 
X
 
Generate SAE narratives
Narratives written Clinical Study Report ready. Assumes final approval by Medpace Medical Monitor prior to distribution to sponsor.
 
X
 
Generate expedited SAE reports safety report
Assumes 1 expedited report, if additional events occur, a unit cost of $1,636 per report  shall be charged.
X
X
 
Distribute expedited SAE reports to FDA
Oramed to review and approve prior to submission
 
X
 
Distribute expedited SAE reports to central IRB
Compile and submit documents
 
X
 
Preparation of safety notification letters
Sponsor to review and approve prior to submission
 
X
 
Distribute safety notification letter for this protocol to sites
10 sites
   
 
X
 
Prepare periodic reports for regulatory authorities
 
X
X
 
Prepare  Annual Safety Report
Medpace to prepare safety line listings to be included in IND Annual Report;  Oramed will be responsible for IND Annual Report filing
   
X
Distribute periodic reports to regulatory authorities/ECs
 
   
X
Distribute  Annual Safety Report to regulatory authorities/ECs
Assumes Oramed will be responsible for IND Annual Report
 
X
 
Ongoing reconciliation between clinical and safety database
A final reconciliation is completed prior to database lock
 
 
 
 
X
 
 
Ongoing clinical trial AE data review including signal detection and trend analysis
Required per FDA guidance
 
X
 
Write narratives for withdrawals due to AE and/or abnormal lab values for inclusion in clinical study report
Assumes 1 withdrawal due to AE. If additional events occur, a unit cost of $915 shall be charged.
 
1.5
IVR/IWR SYSTEM
 
Oramed
Medpace
N/A
Item
Description
 
X
 
Randomization/Drug Supply Management
Provide study-specific system for randomization, patient visit tracking, and customized reports, drug management (via web or phone 24/7), including maintenance and Help Desk. Assumes English language only.
 
 
Page 6 of 15

 
 
 

 
1.6
DATA MANAGEMENT
 
Oramed
Medpace
N/A
Item
Description
 
 
 
 
 
X
 
Develop data management (DM) documents
DM documents include:
- Database specifications;
- Guidelines for the tracking of CRFs and data queries;
- Guidelines for entry of the CRF data; and
- Database edit check specifications
 
X
 
Database development
EDC system,  ClinTrak EDC
 
X
 
Database validation
Medpace SOPs
 
X
 
EDC Help Desk
Medpace provide support via phone/email
 
X
 
DM coordination and status reporting
Medpace coordination includes:
- CRF tracking
- Data cleaning/editing
- Query tracking
Medpace monthly DM status reports provided via secure website include:
- CRF status by site
- Patient status by site
- Query status by site
 
X
 
Query tracking/resolution
 
 
X
 
Coding of AE/concomitant medications/medical histories
Assumed that Sponsor holds a valid agreement with the Maintenance and Support Services Organization (MSSO) for the MedDRA dictionary and Uppsala Monitoring Centre (UMC) for the WHODrug dictionary
 
X
 
Number of AE codes
5 AE codes per patient
 
X
 
Number of concomitant medications
5 concomitant medications per patient
   
X
Number of medical histories/conditions
 
 
X
 
Number of external data sources
Assumes MRL
 
X
 
Data transfers from external data sources
2 quarterly transfers from MRL
 
X
 
Data transfers to Sponsor
2 transfers (1 test, 1 final)
 
X
 
Deliver data
CDISC SDTM
 
X
 
Database document
Medpace submission-ready
 
1.7
STATISTICAL ANALYSIS
 
Oramed
Medpace
N/A
Item
Description
 
X
 
Develop Statistical Analysis Plan (SAP)
Medpace format and template; Medpace to prepare the SAP to be included in the IND filing. The SAP will be revised (if needed) and finalized prior to the Database Lock.  
 
X
 
Programming, validation, and generation of Tables, Figures, Listings (TFLs)
23 raw listings
25 unique TFLs
25 version TFLs
2 derived datasets
 
X
 
Results review meeting
One meeting via teleconference after delivery of analysis results
 
 
 
Page 7 of 15

 
 

 
1.8
MEDICAL WRITING
 
Oramed
Medpace
N/A
Item
Description
 
X
 
Study report shell (SRS)
SRS incorporates protocol-related and statistical methodology information and in-text table shells in the results sections
X
   
SRS review
 
 
X
 
Pre-final study report (PFSR)
PFSR is a complete version of the report, including results, but without the appendices
X
   
PFSR review
 
 
X
 
Final study report (FSR)
FSR is a complete version of the report including appendices.
 
X
 
 
Publishing FSR
FSR file is converted to an Adobe PDF file and published by setting applicable document attributes.
 
X
 
Bookmarking/
hyperlinking FSR
Apply internal and external navigation via bookmarking/hyper linking from the FSR to any corresponding appendices
 
 
Page 8 of 15

 
 

 
APPENDIX 2: PROJECT SCHEDULE
 
Task
Date
Medpace Begins Work*
SEP-2012
Final Protocol
SEP-2012
Statistical Analysis Plan (Final Draft for IND Filing)**
15-NOV-2012
First Patient, First Visit
31-JAN-2013
Last Patient, First Visit
02-JUN-2013
Last Patient, Last Visit
25-JUL-2013
Final Database Lock
+ 6 weeks
Final Tables, Figures, and Listings available
+4 weeks
Delivery of Final Clinical Study Report
+ 8 weeks
Medpace Ends Work
NOV-2013
 
* Assumes Medpace receives final protocol and Investigator Brochure (IB) at start date.
 
** SAP date (Nov. 15, 2012) will depend on the Task Order signing and Final Protocol date.  Medpace requires 6 weeks from these dates (whichever is later) to provide the SAP.   
 
 
Page 9 of 15

 
 

 
APPENDIX 3: PROJECT BUDGET
 
Medpace Fees
Fee Details
Unit Desc
# Unit
Unit Cost
Fee
Start-up Services                Review Protocol
Protocol
1
**THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.**
  CRF Review/Development
CRF Book
1
  Investigator Meeting
Meeting
1
  Kick-Off Meeting
Meeting
1
  Project Specific Training
Study
1
  Vendor Contract Negotiation
Vendor
1
  Investigator Contract Negotiation
Site
1
  Site Identification/Selection
Site
15
  Investigator File Set-up
Study
1
  Initial Essential Document Collection
  Total
Site
15
   
Meetings                                 Conference Calls
  Total
Call
26
   
Interactive Voice Response  IVRS Development
System (IVRS)
System
1
  IVRS Maintenance and Help Desk
Months
5.8
  IVRS System Utilization and Hosting
  Total
Months
5.8
   
Project Management          Project Management
Months
5.8
  Vendor Management
Months
5.8
  Newsletters
Edition
6
  Ongoing Essential Document Collection and Review
Months
5.8
  ICF Amendment
Amendments
1
  Vendor Payment Administration
Payment
6
  Investigator Grants Management Total
Site Payments
20
   
Clinical Safety                     Medical Monitoring
Months
5.8
  Safety Plan Development
Plan
1
  SAE Reporting
Events
8
  Processing Expedited SAE Reports
Events
1
  Other Narrative Preparation Total
Events
1
   
Clinical Monitoring                Monitoring Plan Development
  and Ongoing Maintenance
Months
5.8
  Pre-Study Visits
Visits
1
  Study Initiation Visits
Visits
10
  Site Management
Site Month
58.1
  Routine Monitoring Visits Total
Visits
40
   
 
 
Page 10 of 15

 


 
Medpace Fees
Fee Details
Unit Desc
# Unit
Unit Cost
Fee
Data Management                   Data Management Manual
Study
1
**THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.**
Database Development
Database
1
Database Conversion (CDISC)
Database
1
EDC User Acceptance Testing
UAT
1
Data Entry and Cleaning
CRF Book
5880
EDC Help Desk
Site Months
58.1
DM Coordination and Status Reports
Months
5.8
    EDC System Utilization and Hosting
    Total
Months
5.8
   
Biostatistics                          Analysis Plan
Ran
1
Analysis Programming and Generation
Analysis
1
Raw Data Listings
Raw Listings
23
Unique TLFs
Unique TFL
25
Version TLFs Total
Version TFL
25
   
Medical Writing                       Clinical Study Report
    Total
Study Report
1
   
Total Direct Fees
     
$1,267,246.18
 
 
Fee Details
Unit Desc
# Unit
Unit Cost
Fee
Pre-Funded Expenses          Investigator Payments
Randomized Patients
147
**THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.**
    Drug Packaging, labeling and Depot Fees
Study
1
    Central Laboratory Fees (MRL)
Study
1
    Study Specific Supplies (CGM & Supplies)
Study
1
    CGM Data Management Software (SweetSpot)
System
1
Total Pre-Funded Expenses:
     
$1,686,001.56
Pass-Through Costs           Monitoring Tray el
Visit
51
**THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.**
   Central IRB Fees
Study
1
   Telecommunication Fees
Calls
26
   Misc. Printing/Copying/Shipping
Sites
10
   Meeting Expense
Study
1
Total Pass Through Costs:
     
$80,201.00
Sponsor Directly Paid Vendor   Investigator Meeting Planner
Fee
Meetings
1
**THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.**
Total Sponsor Directly Paid Vendor Fee
     
$83,450.00
 
 
Page 11 of 15

 
 

 
APPENDIX 4: PAYMENT SCHEDULE
 
Payment Schedule
 
Payment Schedule
Project                 Ph II Study of ORMD-0801 in Patients w/ T2DM Total Direct Fees: $ 1,267,246
Sponsor:              Oramed Pharmaceuticals, Ltd.
Payment Number
Milestones
Approximate
Date
Amount to
Pay
Percentage
1
Task Order Signed
Sep-12
$           63,362
5.0%
2
Kick-Off Meeting
11/5/2012
$        139,397
11.0%
3
Investigator  Meeting
1/3/2013
$          76,035
6.0%
4
First Patient Screened
1/31/2013
$        190,087
15.0%
5
25% Patients Enrolled
3/16/2013
$        190,087
15.0%
6
50% Patients Enrolled
4/18/2013
$        190,087
15.0%
7
Last Patient Screened
6/2/2013
$        164,742
13.0%
8
Last Patient Complete
7/25/2013
$        126,725
10.0%
9
Submission of Clinical Study Report to Sponsor for Final Approval
11/30/2013
$        126,725
10.0%
     Total Payments:
 $  1,267,246
100%
 
**THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.** of the total Pre-funded Expenses and $8,020 (10%) of total Pass-through Costs will be invoiced and due upon completion of the Kick-Off Meeting. Medpace will invoice Sponsor as needed for actual Pre-funded Expenses incurred. Sponsor shall pay such invoice within twenty (20 days) of receipt. If sufficient funds are not received from Sponsor, payments to Pre-funded Vendors may be delayed. 
 
Medpace shall apply the initial **THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.** Pre-funded amount paid upon completion of the Kick-Off Meeting, against the last invoice of actual-Pre-funded Expenses, and reconcile the balance. Pass-through Costs will be billed to Sponsor on a monthly basis or as incurred.
 
 
Page 12 of 15

 
 

 
Payment Information and General Conditions
 
Pass-through Costs and Pre-funded Expenses
 
Any sums quoted with respect to pass-through costs and pre-funded expenses are provisional, pending discussion with third parties and are not necessarily exhaustive.  While Medpace will endeavor to negotiate favorable rates for pass-through costs and pre-funded expenses, final costs may be dependent upon factors that are outside the control of Medpace.   Payments made to third parties are not subject to mark-up charges.
 
Pass-through costs may include, but are not limited to, project-specific printing, shipping, copying and binding costs, telecommunication and data costs, travel costs, including subsistence and accommodation costs in compliance with the Medpace travel policy, literature search and article retrieval costs, translation costs, central IRB fees, EC/regulatory fees, and pharmacy fees.   Costs associated with, project-specific printing, copying and binding are as detailed in the table below.
 
Item
Cost*
Description
b/w print, 20-24 lb.
0.15
total sheets, includes all impressions, sizes, or cuts
color print, 20-24 lb.
0.20
total sheets, includes all impressions, sizes, or cuts
b/w print, 28-60 lb.
0.20
total sheets, includes all impressions, sizes, or cuts
color print, 28-60 lb.
0.25
total sheets, includes all impressions, sizes, or cuts
b/w waterproof
1.05
total sheets, includes all impressions, sizes, or cuts
color waterproof
1.10
total sheets, includes all impressions, sizes, or cuts
tabs 5-bank
3.00
 
laminating pouches
0.95+
Plus cost of color or b/w print
card/cover stock
0.30
color only
folder
0.50
2-pocket, usually includes label
binder 1"
8.00
includes front cover and spine
binder 1.5"
10.00
includes front cover and spine
binder 3"
15.00
includes front cover and spine
plastic coil binding 1/4"
0.75
 
plastic coil binding 3/8"
1.10
 
plastic coil binding 1/2"
1.50
 
plastic coil binding 1"
3.00
 
CDs
0.28
per CD
CD labels
0.18
per label
 
*Currency is Euros for Europe, Israel, and South Africa; US dollars for remaining regions. Costs are subject to change based on fluctuations in supplier prices.
 
 
Page 13 of 15

 
 

 
Medpace will pass-through mobile communication and data charges up to $25 per travel day.  This will include a standard daily rate and other internet charges (e.g. hotel, airline)
 
Item
Cost
Description
Mobile communication and data standard daily rate
$10/8€*
cost per day while CRA is traveling
Other internet charges by use (receipt required)
Up to $15
 
 
*Currency is Euros for Europe, Israel, and South Africa; US dollars for remaining regions
 
Pre-funded Expenses
 
Pre-funded expenses may include, but are not limited to, Investigator Meeting planner fees, Investigator fees, drug packaging and labeling, EDC vendor fees, and laboratory fees.  Investigator fees are an estimate generated on Medpace’s initial feasibility and prior experience in this therapeutic area.  The investigator fee amount is subject to changes of +/- 20% of the total amount after completion of a full feasibility and final site selection.  The laboratory fee amount is subject to change after finalization of the laboratory services agreement.
 
Additional Costs
 
This is a fixed-price Task Order for direct fees, based upon the project specifications and assumptions detailed herein.  The project budget and the unit costs upon which it was generated is provided for cost analysis purposes.
 
All direct fees are fixed costs unless the underlying assumptions change, including but not limited to, protocol, trial duration, number of investigative sites, number of patients, and services provided by Medpace. All such changes shall be documented in a contract amendment.  After staff are assigned, costs are incurred based upon allocation of staff capacity.
 
Inflation
 
The fees stipulated in the fee estimate include inflation for the duration of the study as specified in this Task Order. Any significant shift in timelines will require a revision to the fees.
 
Currency
 
The currency of the Task Order is Unites States Dollars (USD).
 
Applicable Taxes
 
All direct fees, pass-through costs, and pre-funded expenses are quoted excluding any applicable taxes, which include but are not limited to Value Added Tax (VAT), Harmonized Sales Tax (HST), Goods and Services Tax (GST), which may be payable to Medpace by Sponsor.
 
 
Page 14 of 15

 
 

 
Appendix 5: Transfer of Obligations
 
CONFIDENTIAL
 
Directions:  Complete a form for each clinical study where Sponsor obligations have been transferred in accordance with 21 CFR Part 312, Subpart D (Responsibilities of Sponsors).  Forward the completed form to Sponsor’s Regulatory Affairs Department for submission to the applicable regulatory agencies.
 
Drug:
ORMD-0801
Study ID:
 ORINS07
Study Title:
Randomized, Double-Blind, Placebo-Controlled Study to Assess the Safety and Pharmacodynamics of Multiple Oral Bedtime Doses of ORMD-0801 (Insulin Capsules) in Adult Patients with Type 2 Diabetes Mellitus who are Inadequately Controlled with Diet and Metformin
CRO Name:
Medpace, Inc.
CRO Address:
5375 Medpace Way, Cincinnati, OH 45227
Obligations Transferred to Medpace: R the Appropriate Box(es).
 o All obligations in 21 CFR 312, Subpart D (Responsibilities of Sponsors) have been transferred to Medpace.
 x The following obligations have been transferred to Medpace:
Sec. 312.32:  IND Safety Reports
x Promptly review safety information.
o Notify all participating investigators in a written IND safety report of any AE associated with the drug that is both serious and unexpected.
o Notify the FDA in a written IND safety report of any AE associated with the drug that is both serious and unexpected.
Sec. 312.53:  Selecting investigators and monitors
x(a) Select qualified investigators
o(b) Control investigational drug shipment
x(c) Obtain information from investigators
x    (1) Signed Form FDA-1572
x    (2) CV or other qualification statement
x    (3) Clinical protocol outline
x (4) Financial disclosure information
(d) Select qualified monitors
Sec. 312.54:  Emergency research
o (a) Monitor the progress of all studies involving an exception from informed consent.
o (b) Monitor such studies to identify when an IRB determines that it can’t approve the research.
Sec. 312.55:  Informing investigators
x (a) Provide sites with the current Inv. Brochure.
x (b) Inform investigators of new observations on the drug, particularly with respect to AEs and safe use.
Sec. 312.56:  Review of ongoing investigations
o (a) Monitor the progress of all IND studies.
x (b) Secure compliance from noncompliant investigators or discontinue drug shipments and end the investigator’s participation in the study.
x (c)Review and evaluate the safety and efficacy results as it is obtained from the  investigator.
x (d) Discontinue use of the investigational drug if it is determined to present an unreasonable and significant risk to subjects, notify all IRBs and investigators, and assure the return or alternate disposition of the drug from the investigators.
 
Sec. 312.57:  Record keeping and record retention
x (a) Maintain adequate records showing investigational drug receipt, shipment, or other disposition.
o (b) Maintain complete and accurate records showing any financial interests of the investigator subject to 21 CFR 54.
o (c) Retain the records and reports required by the regulations for 2 years after the marketing application is approved, or if not approved, until 2 years after investigational drug shipment is discontinued and FDA has been notified.
o (d) Retain reserve samples of any test article and reference standard identified and used in bioequivalence or bioavailability studies.
Sec. 312.58:  Inspection of sponsor’s records and reports
x (a) Permit FDA personnel to have access to and copy and verify any records and reports related to the clinical investigation.
o (b) Permit DEA personnel to have access to and copy records related to the shipment, delivery, receipt and disposition of any investigational controlled substance.  Assure adequate storage precautions are taken for investigational new drug substances listed in any schedule of the Controlled Substances Act.
Sec. 312.59:  Disposition of unused supply of investigational drug
o Assure the return (or alternate disposition) of all unused supplies of the investigational drug from each discontinued/terminated investigator; maintain written records of any disposition of the investigational drug.
(a)   Other
o Please describe any other applicable transfers below:
 
 
 
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