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Per-Patient Clinical Trials Cost $5,500+.

Publication: PR Newswire
Publication Date: 08-FEB-05
Format: Online - approximately 414 words
Delivery: Immediate Online Access

Article Excerpt
RESEARCH TRIANGLE PARK, N.C., Feb. 8 /PRNewswire/ -- The average per- patient cost of clinical trials ranges from roughly $5,500 at Phase I to $7,600 in Phase III. According to a recent study by pharmaceutical market research leader Cutting Edge Information ( http://www.accelearatedclinicaltrials.com/ ), the average drug company spends about 37% of their overall R&D budgets on clinical affairs.

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