Up, Up, and Away: Clinical Trials Go International
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Up, Up, and Away: Clinical Trials Go International
What is this about?
This is a fictional case about running clinical trials in the United States. In this case a company called Rx answers quetions about how and where clinical trials are done.
Why is this important?
Every drug and medical device must undergo a series of clinical trials in order to be sold to consumers. Clinical trials are an essential step of the research and development process for drug companies. Clinical trials consist of three stages, with an increasing number of patients enrolled in each consecutive phase. The trials are important to determine safety, efficacy, and dosage for the drug prior to making it available to patients. Clinical trials are one of the most expensive steps in pharmaceutical and device development for biomedical companies. Each phase of the trial can cost up to twenty million dollars to run[1].
