NEW YORK--(BUSINESS WIRE)--Medidata Solutions (NASDAQ: MDSO), a leading global provider of SaaS-based clinical development solutions, today introduced Medidata Grants Manager 3.0, the newest version of its trial budgeting application in use today by many of the innovative clinical research sponsors in the life sciences industry. Now offered as a web-based solution, Grants Manager 3.0 enables users to build clinical trial grant budgets and benchmark them against Medidata’s unique PICAS® database of negotiated trial costs without the need to install software. In addition to Grants Manager’s sophisticated budgeting capabilities, version 3.0 also includes protocol complexity metrics and benchmarking to further refine the ability to predict trial costs.