Author Interviews, Cost of Health Care, JAMA, Pharmaceutical Companies / 26.09.2018
How Much Do Clinical Trials For New Medications Really Cost?
MedicalResearch.com Interview with:
Thomas J Moore AB
Senior Scientist Institute for Safe Medication Practices
Lecturer, Department of Epidemiology and Biostatistics
The George Washington University
Milken Institute of Public Health
Alexandria, VA 22314
MedicalResearch.com: What is the background for this study? What are the main findings?
- The study provides realistic cost estimates of pivotal clinical trials that establish drug benefits to support FDA approval of 59 new drugs released for marketing in 2015-2016.
- The median estimated cost was just $19 million, with half of the 138 trials studied clustered between $12 million and $33 million.
- The highest cost trials–with estimates up to $345 million–were for new drugs that were similar to drugs already available and already proven in treating serious illnesses.