Thursday, April 26, 2012

Clinical trials for dummies

For partisans of Death Valley those who are planning to conduct a clinical trial there is very useful report. Highly recommended. Just a couple of figures which explain the trends and illustrate Eroom’s law





 
Our research has established that Phase III trials are, by far, the biggest expense, and the biggest risk, of new drug development. In fact, we have found that Phase III trials are even more expensive than is commonly thought. That expense distorts the drug-development system so that it does not efficiently and rationally allocate time and money to find new medications. Regulators block useful drugs from reaching patients. Researchers are discouraged from attempting to serve the most numerous populations of patients. And investors face the prospect of spending vast sums for nothing.

Well, the authirs are probably.... comunists?

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