Quote:
Originally Posted by The Godfather
I have been involved in arranging clinical trials and obtaining cost estimates.
The costs have ranged from $500 to $40,000 per patient.
So if you're looking for the average this really doesn't answer your question as the difference is so great.
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well, it would end up being a very rough estimate - and i would do the calculation conservatively, erring on the side of low estimates.
tufts somehow came up with the number $800 million to bring a new drug to market, and that involves clinical trials - so it is possible to use averages or *something* to come up with ballpark estimates. maybe i should look up that study...
Quote:
Originally Posted by The Godfather
Clinical trial numbers differ enormously as well. The number of patients required to get a licence for a new medicine range from 25 to 4,500.
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For most of the trials i am looking at, i have the number of patients.