16 ms·
Clinical trials are essential not just for safety, but to show efficacy. Most drugs fail in expensive clinical trials due to lack of efficacy. The reason the
by roadnottaken 12y ago
Clinical trials are essential not just for safety, but to show efficacy. Most drugs fail in expensive clinical trials due to lack of efficacy. The reason the number is so large is because Pharma companies have to pay for all the drugs that failed, just to get one successful one through. I work in biotech and there are TONS of very smart people trying to make this more-efficient. It's a very hard problem -- making drugs is not easy.
- throwawayornot 12y agoIt's all about delays due to lack of enrollment in clinical trials. A 2013 study from the same Tufts thinktank as the recent cost report says that 37% of clinical trial sites under-enroll patients and 10% don't get a single patient! Here is a market ripe for disruption: some startup needs to build the uber of clinical trial enrollment. [1]http://csdd.tufts.edu/files/uploads/02_-_jan_15,_2013_-_recruitment-retention.pdf http://csdd.tufts.edu/files/uploads/02_-_jan_15,_2013_-_recr...
- jfranz 12y agoI helped launch a product 2 weeks ago aiming to tackle this problem. We've seen some positive results while we are testing the concept with a small number of trials. http://cureclick.com/ http://cureclick.com/