impacting global health

Understanding Paid Clinical Research

Paid Clinical Research - Statistics & Facts

Paid clinical trials play a pivotal role in the drug development process, determining the safety and efficacy of new compounds. As of early 2021, over 365 thousand registered clinical studies are contributing to medicaladvancements. Current trials, including those for COVID-19 treatments
and vaccines, showcase the ongoing commitment to global health.

Key Facts:

Pharma Companies and R&D Spending

The development pipeline faces obstacles at every stage, and costs continue to rise. Pharmaceutical companies invest substantially in Research and Development (R&D) to discover new products or repurpose existing ones. This investment is crucial for long-term growth, especially considering the challenges posed by the loss of market exclusivity for
established drugs.

Key Facts:

Complexities of Clinical Studies

Clinical studies require meticulous planning, with multiple endpoints used to assess a drug’s potential benefits and side effects. The increasing complexity has led to collaboration with Contract Research Organizations (CROs), providing specialized support in various phases of drug development. The U.S. CRO market shows steady growth, driven by the demand for expertise.

Key Facts:

Drug Developers Seek Approval

The global R&D pipeline comprises over 6,200 drugs in various clinical phases. Transitioning from phase two to three is challenging, with the probability of success less than 50 percent in many disease areas. Regulatory approval is the ultimate goal, with the Center for Drug Evaluation and Research (CDER) reviewing applications. In 2020, over 50 novel products were approved, emphasizing the commitment to ensuring benefits outweigh known risks.

Key Facts:

Understanding clinical research is paramount to appreciating its impact on global health. From addressing the complexities of drug development to ensuring patient safety, the clinical research landscape continues to evolve. By exploring these insights, you gain a deeper understanding of the challenges, achievements, and global contributions made through clinical trials.



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