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Investigating Clinical Trial Costs: Comparative analysis of trial cost

Over the last decade both the pharmaceutical and biopharmaceutical companies have entered a period where they have become confronted by a variety of complex issues affecting their operational efficiency and profitability.

 
PRLog - Jun. 4, 2011 - NAVI MUMBAI, India -- Bharatbook.com has added this latest report "Investigating Clinical Trial Costs: Comparative analysis of trial cost components in key geographies" to their extensive collection of market research reports.Over the last decade both the pharmaceutical and biopharmaceutical companies have entered a period where they have become confronted by a variety of complex issues affecting their operational efficiency and profitability.

It has now become generally acknowledged that the current business models have now become both economically unsustainable and operationally unsuited to act quickly enough to produce the types of innovative treatments that will be demanded by global markets.

One of the major issues confronting both the pharmaceutical and biopharmaceutical industries is the requirement to a) reduce the escalating costs and risks associated with drug development and b) reduce clinical trial timelines by improving patient recruitment and improving the efficiency of clinical trial results analysis and reporting. The pharmaceutical and biopharmaceutical industry have recognised the opportunities and advantages that exist by conducting clinical trials in what is referred to as the emerging markets.

These markets offer significant advantages to the traditional clinical trial settings i.e. rapid recruitment of treatment naive patients from large patient pool, cost benefits associated with lower labour and service fees, improved transparency and compliance with international regulations, expansion of CROs, improved hospital and facilities infrastructure and huge future commercial value in emerging trial markets. This report analyses the background to these markets including a review of the relevant legislation and regulations governing the control of clinical trials in the key emerging markets as well as analysing the implications and factors which need to be taken into consideration when conducting clinical trials in these markets.

Table of Contents:

Executive summary 14
Introduction and background to clinical trials 14
Financial considerations & planning of clinical trials 15
Cost analysis of clinical trial authorization by responsible authorities 16
Cost analysis of clinical trial review by ethics committees 18
Review and cost analysis of investigator fees by selected country 20
Review and cost analysis of laboratory fees, pharmacy costs and clinical
trial liability insurance by selected country 21
Review and cost analysis of CRO salaries by selected country 23

Chapter 1 Introduction and background to clinical trials 26
Summary 26
Introduction and background to pharmaceutical industry issues 27
High risks and costs associated with drug development 28
Escalating costs associated with clinical trials 28
Global increase in the number of clinical trials conducted 33
Longer R&D timelines 34
Increased attrition rates during pharmaceutical research and
development 36
Improvement to R&D productivity and reducing time to market for next
generation drugs 37
New business models for the pharmaceutical industry 37
Introduction to clinical trials and clinical trial studies 40
What is a clinical trial 40
Clinical trials of pharmaceutical agents 40
Types of clinical trial 41
Drug development process 44
Drug discovery 44
Preclinical development 44
Clinical trial phases 45
The role of the chief investigator 46
Clinical trial protocol and procedure 46
Determination of the clinical trial size 47
The role of the co-coordinating centre and trials unit 47

For more information kindly visit: www.bharatbook.com/detail.asp?id=144409&rt=Investigating-Clinical-Trial-Costs-Comparative-analysis-of-trial-cost-components-in-key-geographies.html                                                  


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Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com

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Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, conferences & seminars, newsletters, and online databases for the past twenty two years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.

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Source:Bharat Book Bureau
Phone:+912227578668
Zip:400614
City/Town:Navi Mumbai - Maharashtra - India
Industry:Health, Marketing, Reports
Tags:clinical trial, diseases, health insurance, Medical, medical devices, medical equipment
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