HHS, McMaster University and St. Joseph’s Healthcare Hamilton have entered into an overhead allocation agreement specific to all industry sponsored clinical trials. While the overhead rate remains the same, at 30 percent of the overall research budget, a new overhead allocation is detailed in the attached document.
Please note there are two formulas for calculating overhead. One formula reflects overhead distribution for industry sponsored clinical trials performed as part of an Institute (Escarpment Cancer Research Institute, Population Health Research Institute, or Thrombosis and Atherosclerosis Research Institute) and the second formula applies to industry sponsored clinical trials performed by all other Investigators. Details can be found in the attached pdf document,