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Why do trials cost so much? It would seem like testing on 100-1000 people spending $10-100k per person would work, which gives $1-100m, but apparently they cos
by devit 6y ago
Why do trials cost so much?
It would seem like testing on 100-1000 people spending $10-100k per person would work, which gives $1-100m, but apparently they cost billions for some reason.
- oxygenjoe 6y agoDoctors, Nurses, clinical trail coordinators, paying a lab to process specimens, the list goes on. I work in a medical lab that charges a low flat rate for literally holding onto the specimens for a couple hours, and a high flat rate for any amount of processing, i.e. centrifuging specimens, pipetting into little labelled vials, adding certain preservatives, etc. This processing isn't really automation friendly and regulations require a CAP accredited lab to do the processing so it can't really be outsourced to a lower bidder. I get the impression these companies aren't too concerned with the actual costs involved.
- pkaye 6y agoI think it is more that there are lots of failed drug trials that need to be paid for in a ROI perspective.