What is Sponsor?

Sponsor definition and meaning on Health terms:
The sponsor is the individual, company, institution or organisation which takes responsibility for the initiation and management of a clinical trial. The financing of a clinical trial may come from the sponsor, but can also come from a third-party. The organisation of a clinical trial is particularly complex because important aspects of the trial are not under the direct control of the sponsor.


reference: https://www.eupati.eu/glossary/