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According to Cutting Edge Information Research, Patient Recruitment Costs Having Greater Impact on Clinical Development
(Marketwire Via Acquire Media NewsEdge) RESEARCH TRIANGLE PARK, NC, August 28 / MARKET WIRE/ --
The difficulty of recruiting
suitable patients for clinical trials has been a greater factor in rising
trial costs, according survey data collected from pharmaceutical companies.
A new study by pharmaceutical business intelligence leader Cutting Edge
Information, "Streamlining Clinical Trials," finds that on a cost-impact
scale of 1-5, patient recruitment received a mark of 4.1, a 6% increase
from a similar study conducted in 2006.
The report explores reasons behind the growing challenge of patient
recruitment and retention, such as more stringent FDA regulations,
budgetary constraints, and timeline overrun. Another challenge that
impacts recruitment is overlap of patients for various studies at a single
site. The sample populations in this case are lowered, making it difficult
to find the necessary candidates to conduct trials. This challenge results
in cost increase.
David Richardson, project leader of the study said, "Companies are
continuing to encounter development challenges, and increased patient
recruitment costs make it more difficult to run a trial smoothly."
A complementary brochure is available for download at
http://cuttingedgeinfo.com/clinicaltrialbenchmarking/index.htm#body.
The report covers resource allocation, performance measurement, continuous
process improvement, patient and investigator recruitment and adaptive
trial designs. Data include clinical development budgets, clinical
operations team structures and staffing levels, performance measurement and
management, clinical operations hurdles and process improvement tools and
tactics. CEI also draws comparisons to its studies in 2006 and 2004 to
show clinical development trends.
The report consists of 500+ metrics and detailed case studies to assist
clinical development executives and clinical operations team members in
accelerating trials. It focuses on three aspects:
-- Patient Recruitment: Patient recruitment continues to dominate
clinical timelines and budgets. The report devotes an entire chapter to
this challenge, providing the latest trends and tools in recruitment.
-- Budgeting and Performance Assessments: Clinical project managers must
set clear performance expectations and measure and manage trials. The
report provides clinical spending benchmarks to assist in trial budgeting
and planning.
-- Clinical Operations Structure and Work Flow: Clinical trial management
team members must know their roles and responsibilities, and communication
with vendors and investigators must be seamless. The report outlines major
obstacles clinical teams face and presents real-company, proven solutions.
CONTACT INFORMATION:
David RichardsonEmail Contact
919-433-0216
Copyright ? 2008 Marketwire
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