September 10, 2014 in In the News
Pharmaceutical Clinical Trials: Average cost to develop one new drug in 2012 was $1.3 BILLION. Neurology Clinical Trials: Average Phase I Neurology trial costs about $9,000 per patient per month. Oncology Clinical Trials: Adult Clinical Trial participation rate is 3%. Government Sponsored Clinical Trials: On average 4,012 hours (range of 1,512 to 13,319 hours) were required for a government sponsored trial.